Azerbaijan, Baku, April 13 / Trend N. Ismayilova /
New tools will be unlikely introduced on the Baku Interbank Currency Exchange (BBVB) in 2010, BBVB head Farhad Amirbayov said.
"Right now, markets are tightened. This year will be hard. We monitor the state of foreign trade, and it is not encouraging, since the import is tightened," Amirbayov said.
He said that strong compression was expected last year. But in February-March 2009, when the population wrongly decided that the rate of manat will reduce compared to the dollar, it began actively transfer its funds from the national currency in the foreign.
"This year, the turnover of the Exchange will not exceed $1 billion, and there are no prospects for the active transactions in euros and rubles. We will comprehend what is happening and think where to go and seek new directions for development", he said.