Maciej Wojtal

speaker
244 appearances 1 recordings 1 series first heard Jun 2025 last heard Jun 2025

Maciej Wojtal’s voice in public audio — every appearance, attributed to the second.

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So let's say since the US and Iran signed the nuclear deal back in two thousand sixteen, so almost a decade ago, it should be roughly double that level right now.
So so so so it doubled since then.
But in the meantime, there's been quite a lot of roller coaster.
So Iranian stocks in dollar terms are three times lower right now, around
times lower compared to the level back in 2020.
So if you compare to August 2020, when there was a peak of a local, let's say, bull market and and a bubble, right now stocks are around three times lower than that in dollar terms.
So
Got it.
And that's the main reason for that over the last
two years has been the the sentiment because twenty twenty three started to really well
For the region.
There was this historical breakthrough agreement between Saudi Arabia and Iran.
Both countries decided that they don't want conflict.
It was basically like a peace treaty.
They opened up embassies in both countries.
And that was huge because the Saudi finance minister was talking about investment opportunities in Iran.
Iranian exporters were hoping for new export markets.
markets to open up in the region from Egypt to Saudi Arabia to whatever all the countries around.
So that was that was like a very positive moment.
At the same time, Biden administration was negotiating with with the former Iranian government.
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