Euro increases slightly, but remains below 100 ALL - BSH: During November, 1 euro was exchanged for an average of 98 ALL
The euro continued to recover slightly during the month of November, but remaining below the limit of 100 lek. According to the official exchange rate of the Bank of Albania, November started with an exchange of the euro at 98.32 allek and at the end of the month it increased slightly to 98.35 allek, showing a marginal appreciation of the euro against the allek. A gradual decline of the euro is observed in the first half of the month to reach the lowest level on November 14.
Meanwhile, the second half of the month was characterized by a slight upward trend around November 20, until it peaked at the highest value at the end of the month. Specifically, the European currency deepened its decline in mid-November to reach the lowest peak, being exchanged at 98.11 Lek on November 14 and 15. Meanwhile, since Thursday it increased to 98.35 ALL.
If we analyze the average exchange rate since the beginning of the year, we notice that the average exchange value of the euro with the national currency was the lowest in November, only 98 lek, while in terms of other currencies, during the current month 1 dollar was exchanged for 92 ALL and the British pound for 118 ALL. In the last 3 months, the European currency continued to be exchanged at less than 100 ALL.
Throughout this year, fluctuations in the exchange rate have brought great consequences in many sectors of the economy, especially in foreign trade.
Poll
The dollar strengthens, while the euro, the franc and the pound do not fluctuate!
The American dollar has gained points this Thursday, being bought today at 92.8 Lek and being sold at 93.8 Lek according to the local exchange rate compared......
Exchange rate, 120 million euro loss for exporters - Prenche: Reaction required, 65 thousand jobs at risk
The devaluation of the euro against the lek continues to cause high losses for exporters as well as closing of contracts. In an interview for SCAN TV, the......
Coffee prices, the highest in 27 years - Drought period and logistical obstacles, among the main factors
Coffee futures prices hit new highs, with the Arabica variety at levels not seen since the turn of the last century. The December contract, which now draws......
In 3 months, 73 new ATMs were added - BSH: 1.8 million transactions were carried out. But how many lek did the Albanians withdraw?
In our country, there are a total of 1114 ATMs for ordering transfers, withdrawals and depositing money. The figures speak of a 7% increase in ATMs compared......
The 112th anniversary of independence is celebrated - The heads of state of Albania and Kosovo, at the flag raising ceremony
Albanians commemorated today the 112th anniversary of the country's independence from the Ottoman Empire. The President of the Republic, Bajram Begaj, the......
EU package to boost economic growth - Bloc adopts "tight" fiscal policy next year
The European Union (EU) Commission presented the autumn package to guide economic growth, underlining that the eurozone will adopt a tighter fiscal policy in......
Government, financing for families for heating and cooling - 4 support schemes for the installation of panels, pumps or central heating are approved
Albanian families will be helped with budget funds to install renewable energy sources for heating and cooling. The government has approved 4 support......
The coastline of Durrës will be expanded - Investment 583 million lek for the rehabilitation of the beach and the increase of tourism
The Albanian Development Fund has opened the tender for intervention in urban regeneration, marine protection in the coastal area, with the object of......
