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Stock market outperforms currency market in Azerbaijan

January 21, 2008
by
1 min read

The FINANCIAL — According to APA-Economics, foreign exchange reserves, currencies, real estate and other products worth AZN 7.054 billion were realized at 530 auctions on bourses of Azerbaijan in 2007.

 

The figure was a 2.2 times rise on the previous year.

The State Statistical Committee said the turnover fell 9% on Baku Interbank Currency Exchange (BICEX) and while rose by 3.6 times on Baku Stock Exchange.

There was a rise in commodity exchanges too.

 

 

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