Agreed currency made conditions for small companies that have smaller exports to supply their currency at more suitable prices, and ultimately this will control market and increase incentive to export, he added.
From strengthening of export market to prosperity of stock market
In past months, we witnessed imposition of export duties, which damaged exports of country and caused loss of some export target markets and presented them to became competitors; In this situation, we must establish incentives for exports so that companies can earn more profit from their exports, emphasizing that country urgently needs to increase export incentives in conditions of sanctions, Mahmoudi Asal said.
He also pointed to the future steps for the management of the foreign exchange market and stated: In the next step, the Nima rate should be closer to the agreed exchange rate so that the profits of larger companies that sell their currency in the Nima system will increase in proportion to the agreed exchange rate.
This economic expert continued to consider the increase in exports as one of the factors to control inflation and said: In this case, and with more profitability of export companies, the incentive to export will increase and a new life will be given to the country's export market and the stock market. As a result, with these measures, instead of money leaving the market, we will see money coming in and the growth of the stock market, which is also effective as one of the factors in controlling inflation.
In the next step, Nima rate should be closer to agreed exchange rate so that profits of larger companies that sell their currency in Nima system will increase in proportion to agreed exchange rate, He also pointed to future steps for management of foreign exchange market and stated.
In this case, and with more profitability of export companies, the incentive to export will increase and a new life will be given to the country's export market and the stock market.
As a result, with these measures, instead of leaving money from market, we will see money entering and growth of stock market, which is also effective as one of factors in controlling inflation, this economic expert continued and said to consider increase in exports as one of factors to control inflation.
