TEHRAN- Foreign investment in the Iranian capital market has witnessed a sharp rise since President Hassan Rouhani took office in August 2013, IRNA quoted Finance and Economic Affairs Minister Ali Tayyebnia as saying.

Foreign investment in the Iranian capital market stood at 870 billion rials (about $23.1 million) in the beginning of President Rouhani’s tenure while the figure hit 12.53 trillion rilas (about $333.1 million) in the past Iranian calendar year 1395, which ended on March 21, 2017, showing 1,328 percent increase, he explained.

Tayyebnia made the remarks addressing the 10th edition of the International Exhibition of Exchange, Bank and Insurance (FINEX 2017) at the Tehran Permanent International Fairgrounds on Saturday.

As reported, Foreign Minister Mohammad-Javad Zarif, Central Bank Governor Valiollah Seif and a number of other officials attended the first day of FINEX 2017, which will last for four days.

HJ/MG