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Azerbaijani
experts expect increase in rate of euro to $1.4
summarizing results of year
Baku,
Fineko/abc.az. Azerbaijani independent
experts, after the country’s government,
continue to believe in stability of single
European currency – euro.
An economist Vugar Bayramov said, the
tendency of drop in euro
exchange rate, forecast for May in
size $1.26 for 1 euro, will also continue in
June, prognosis for which makes $1.24 for
euro.
“However, from July
euro exchange rate will begin
increasing to $1.28 in July and $1.4 till
the end of the year,” V. Bayramov said.
In the past week, Azerbaijani Minister of
Finance Samir Sharifov said expressed
opinion that euro-area countries will not
allow op in euro exchange rate lower than
$1.19.
American economists, in their turn, point
out the US administration that “excessive”
strengthening dollar
to euro will result in collapse of
another 1-2 largest banks of the country.
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