Markets
Financial markets and trading
Annual losses of Iranian rial reach 102% due to UN sanctions
September 28, 2025
The re-imposition of UN sanctions through the Snap-Pack mechanism restored restrictions on oil exports and bank transfers, which limited the flow of hard currency to banks and the treasury, and reflected a direct impact on market confidence and the value of the Iranian rial.
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Historic jump in Saudi stocks after plan to lift foreign ownership restrictions
September 25, 2025
Saudi stocks jumped unprecedentedly, adding about $124 billion to their market value, following reports of the Kingdom's intention to ease foreign ownership restrictions on listed companies.
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