This Research aims to investigate the impact of government monetary policy on the total index of the Tehran Stock Exchange during the years 2010-2019 over a period of 10 years.
The Research method is correlational. In this study, the statistical population and sample size of this study consists of all companies and industries listed on the Tehran Stock Exchange, which were analyzed by regression statistical method through Pagan brush test and to eliminate variance inequality from WLS test. Monetary policy in this study consists of liquidity and deposit rates with the central bank.
The results of this study on the main hypothesis show that government monetary policy has an effect on the overall index of the Tehran Stock Exchange. Regarding the first sub-hypothesis, it was found that liquidity affects the total index of Tehran Stock Exchange; also, the result of the second sub-hypothesis indicated that the rate of bank deposits with the Central Bank affects the total index of the Tehran Stock Exchange. Thus, all hypotheses were confirmed.