Turkmenistan’s Exchange to be transformed into joint-stock company
BAKU, Azerbaijan, September 19
By Jeila Aliyeva - Trend:
The State Commodity and Raw Materials Exchange of Turkmenistan will be transformed into an open joint-stock company, Trend reports with reference to the State News Agency of Turkmenistan.
The changes are being introduced to implement the Strategy for improving the activities of the exchange for 2020-2025.
The main activity of the exchange is the export of domestically produced products, therefore, as shareholders are available for exporting companies with certain equity participation.
Turkmenistan's exchange registers a lot of transactions every week.
Some 152 transactions totaling more than $65.6 million were registered on the exchange of Turkmenistan in August.
Transactions were made both in Turkmen manats and foreign currency.
In particular, transactions were made in foreign currency for $48.6 million, and in the national currency – more than 60 million manats (more than $17 million).
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