BAKU, Azerbaijan, Dec. 16
By Elnur Baghishov – Trend:
The value of Iran's capital market has reached about 80 quadrillion rials (about $1.9 trillion) at present, said the Chairman of the Securities and Exchange Organization of Iran Hassan Ghalibaf, Trend reports citing the organization’s website.
Ghalibaf said that the value of Iran's current capital market cannot be compared to the past.
He added that there are currently about 50 million stock codes in Iran's capital market.
The chairman stressed the maximum investment capacity of the Investment Funds in Iran amounted to 100 trillion rials (about $2.38 billion) at the beginning of the current Iranian year (March 20, 2020). While currently, this figure has risen to 500 trillion rials (about $11.9 billion).
Ghalibaf also noted that the value of these Investment Funds at the beginning of the current year was 1 quadrillion rials (about 23.8 billion rials).
However, this figure amounts to 3.5 quadrillion rials (about $83.3 billion), at present.
