Russia will trade with manat, what will happen to us? |
Moscow Stock Exchange in 2023 Azerbaijan is investigating to start trading with manat.
Economist Akif Nasirli states that Russia adopted this strategy from the beginning of 2022.
“Work is underway to pair the currencies of Central Asian countries, Arab countries, and African countries of Russia, compare them with each other, and determine their rates. They intend to expand their activities in this direction next year.
Including, Azerbaijan It is planned to trade between the manat and the Russian ruble on the stock exchange without taking an intermediate currency, and it was announced.”
According to the expert, future economic deals can have two potential targets:
“Russia and keeping the dollar away from the arena where its partners have economic interests is a priority. Trading directly in Russian rubles without resorting to dollars is one of the main goals.
The second goal is to unite Russia more closely around its partners. USAagainst England’s policy of isolating Russia in the world at such a time Russia He wants to be closer to his colleagues for self-defense.
If you pay attention, these include Uzbekistan, Tajikistan, Kyrgyzstan, Egypt and the like, secondary, Europe, USA can be cited as an example of countries that are less related to
What awaits Azerbaijan within this plan of Russia?
According to the economist, Azerbaijan also has certain interests in the matter:
“Azerbaijan He wants to escape the manat in the arena where Russia and its allies are present. Eskave is considered a free-floating currency. This may be one of the most important steps to be taken for the free circulation of the Azerbaijani manat in trade.”
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