Hike in euro inflows only partly explains stronger lek

Tirana Times
By Tirana Times September 10, 2018 17:11

Hike in euro inflows only partly explains stronger lek

Story Highlights

  • Data published by Albania’s central bank shows of a moderate increase in euro inflows in the first half of this year when exports of goods also rose by double-digits fuelled by a hike in energy-related products due to the resumption of electricity exports and a hike in international oil and mineral prices

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TIRANA, Sept. 10 – Foreign direct investment, travel income and migrant remittances registered moderate hikes in the first half of this year, partly explaining the strengthening of Albania’s national currency

Tirana Times
By Tirana Times September 10, 2018 17:11