Gov’t to borrow €45 mln in Euro-denominated notes

Tirana Times
By Tirana Times August 10, 2017 12:51

Gov’t to borrow €45 mln in Euro-denominated notes

Story Highlights

  • The August 17 auction comes at a time when abundant Euro supply in the local market because of FDI, inflows, tourism income and apparent illegal cannabis cultivation and sales, have led to Europe’s single currency trading at an 8-year low against the Albanian with a negative impact on exports.

Related Articles

TIRANA, Aug. 10 – The Albanian government is planning to borrow €45 million in two-year Euro-denominated notes from the local market in mid-August, in the second auction of this kind

Tirana Times
By Tirana Times August 10, 2017 12:51