IRAN: Iran Farabourse, the official Iranian stock exchange, launched a new local currency crowdfunding tool that brings together both retail and institutional players in the domestic capital market. Minister of Economic Affairs and Finance Ehsan Khandouzi also announced an increase in the crowdfunding ceiling to IRR500 trillion (US$11.86 billion) as of the 3rd June 2024 from IRR250 trillion (US$5.93 billion) previously.
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