Wednesday April 25 2018
News Source: Global Exchanges
Focus: Other
Type: General
Country: International
On 25th April 2018, the Central Securities Depository of Iran and National Settlement Depository of Russia confirmed that they were stepping up their efforts to create a platform to connect the two countries’ capital markets. This commitment was underlined by a landmark Memorandum of Understanding signed by both parties.
When discussing the logistics of such a proposal the Iranian delegation raised technical discussions on the role of central banks as providers of support to capital markets.
Further updates on this proposal is expected in the coming months.
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