Topic
Euro
4 stories
- OpinionStrong lek, lighter pocketsA record-low euro has winners and losers. The problem is that the losers, exporters, tourism and families living on remittances, have no protection at all.
- MarketsEuro falls to 90.74 lek as the Bank of Albania records another all-time lowWednesday's official rate slipped another 3 qindarka from the previous day, while the dollar traded at 80.86 lek.
- MarketsEuro falls below 91 lek for the first time: official rate 90.77, annual decline reaches 6.2%The European currency lost another 33 qindarka in a single day, while last week's unrest has not boosted demand for foreign currency.
- MarketsEuro falls to record low: 91.1 lek at the official rateThe European currency has lost 6.1% against the lek in a year, while experts point to the high supply of foreign currency from tourism and an improved balance of payments.