EURO WILL KEEP FALLING IN AZERBAIJAN IN THE SHORT TERM
The on-floor currency market turnover totaled $73.729 from 20 to 24 October. The exchange rate of the US dollar changed in the range of 0.8081-0.8106 AZN/USD over the week and the dollar rose by 0.31%. The official rate of the US dollar increased by 0.22%, cash buy rate (for some banks) by 0.27% and cash sell rate by 0.15%.
U.S. stock futures fell, indicating the market may extend the worst monthly plunge in 70 years, as concern the global economic slowdown is deepening overshadowed speculation the Federal Reserve will cut interest rates, Bloomberg reports.
