Worth of trades in Fara Bourse up 107% in 7 months on year

October 31, 2018 - 20:55

TEHRAN- The value of trades in Iran's over-the-counter (OTC) market known also as Iran Fara Bourse (IFB) has grown 107 percent during the first seven months of the current Iranian calendar year (March 21-October 22), compared to the same period of time in the previous year.

The number of trades has also increased 79 percent during the seven-month period on year, Tasnim news agency reported on Wednesday.
As reported, some 85.217 billion securities worth 517.679 trillion rials (about $12.325 billion) were traded through 10.102 million deals in IFB during the first seven months of this year.
MA/MA

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