Azerbaijan, Baku, Feb. 2/ Trend A. Badalova/
Capital Economics British consulting company on economic research forecasts slump of euro to $1.1 in 2009.
"Factors supporting euro are likely to weak in the nearest months," report of British analysts says.
The exchange rate of euro to dollar reduced to minimum in the last two months. During the morning session in London euro/dollar totaled $1.2711 which is the minimal index since December.
According to the British company, the exchange rate of euro to dollar will remain $1.1 in 2010.
According to Capital Economics analysts' expectations, growth rates of economy of the European zone in 2009 and 2010 will be far higher in the United Kingdom but lower in the United States in 2010.
According to preliminary information of the U.S Ministry of Trade published last week, GDP of the country in the fourth quarter 2008 reduced by 3.8 percent which is the worst index since 1982. Growth of the U.S GDP totaled 1.3 percent in 2008.
According to the company's forecasts, GDP of the European zone in 2009 году will reduce by two percent, in 2010 - by 0.5 percent. Unemployment in the European zone in 2009 is forecast at 9.7 percent, in 2010 - 11 percent. Inflation in 2009 году will total 0.5 percent, in 2010 - 1.3 percent.
According to the company's forecasts, GDP of the European zone in 2009 году will reduce by two percent, in 2010 - by 0.5 percent. Unemployment in the European zone in 2009 is forecast at 9.7 percent.
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