Reports show trading volume of US dollar and gold in the Grand Bazaar skyrockets

The rapid rise in foreign currency since New Year’s Eve, followed by taxes and commissions on foreign currency transactions, has led to one of the most active periods of the stock market in the Grand Bazaar since the 1970s.

Stock brokers in the Grand Bazaar Market have voiced daily trading volume has increased 4 times in recent weeks. Same experts note that average daily trading volume of $ 5-10 million go up to 40 million on average and even 100 on some days. Those who sold their houses and cars and bought foreign currency In 2019, are said to have been replaced by those who take out loans and buy foreign currency during this period.

According to the news shared on internet media one of the brokers serving in the region, said that the amount of foreign exchange that changed hands in the stock market in times of crisis was up to 300 million dollars. Indicating that these figures were reached especially during the 2008 World Economic Crisis, broker said that this figure had fallen in recent years with factors such as the development of digital banking, and that it had risen again with taxes and commissions introduced after the pandemic.