A study on the effect of interest rate on performance of stock exchange: A case study of Tehran Stock Exchange

Interest rate plays an important role on financial market in any different sectors from real state to auto industry. An increase on interest rates will increase cost of borrowing money from banks, which reduces profitability. The proposed study of this paper investigates the relationship between ban...

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Bibliographic Details
Main Authors: Akram Javanbakht, Mohammad Malekmohammadi Faradonbeh, Seyed Mahmoud Reza Hejazi, Saeid Aghasi, Fatemeh Malekmohammadi Faradonbeh
Format: Article
Language:English
Published: Growing Science 2013-05-01
Series:Management Science Letters
Subjects:
Online Access:http://www.growingscience.com/msl/Vol3/msl_2013_107.pdf