Baku 17° C
Experts predict USD rate will stabilize in Turkey
Analytics
- 17 April, 2017
- 09:15
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 17 April. REPORT.AZ/ USD exchange rate in Turkey slightly recovered to 3.66 TRY/USD after abrupt drop to 3.62 TRY/USD earlier today.
Experts group of Report News Agency says that change in USD rate features a short-term technical movement: “At present there is no political or economic reason for rise in USD rate. But the rate is expected to drop in summer season due to tourist flow to the country”.
The experts group expect the USD rate to drop below 3.60 TRY/USD this summer. In general, no serious devaluation of national currencies should be expected in developing countries during next year. The experts expect the next and more serious phase of global economic crisis to start in second half of 2018.
Author
Latest News
15:05
Corruption whistleblowers to be rewarded in Azerbaijan
Milli Majlis
14:54
Florian Sengstschmid: Garabagh enhances Azerbaijan's tourism appeal
Tourism
14:43
Georgia, Azerbaijan agree to accelerate border delimitation, demarcation, PM says
Region
14:31
Kazakhstan, Kyrgyzstan plan agreements worth around $100 million
Region
14:20
Azerbaijan hopes Pope Leo XIV will attend opening of new Catholic church in Baku
Religion
14:20
Caspian Sea unites Azerbaijan and Central Asia, presidential aide says
Foreign policy
14:05
Azerbaijan Railways announces resumption of Baku–Balakan–Baku passenger service after track repairs
Infrastructure
13:59
Hikmat Hajiyev: Baku seeks to build sustainable security architecture in South Caucasus
Foreign policy
13:51
11 automated hydrological stations installed in Azerbaijan's liberated lands
Karabakh