Bank Of Baku

Trade turnover/GDP ratio in Azerbaijan’s stock market rises 6 percentage points

Trade turnover/GDP ratio in Azerbaijan’s stock market rises 6 percentage points
# 01 May 2012 08:21 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. In first quarter of 2012, Azerbaijan’s security market continued its activity on the background of high growth of non-oil sector and anti inflationary monetary policy, said the report of State Committee for Security on outcomes of January-March.

The report says the growth in government security market influenced the dynamic of market positively and rose 1.6 times to AZN 2.7 bln: “Consequently, trade turnover of security market/GDP ratio rose from 16% to 22%”.
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