BoA emergency purchases of €170 mln not enough to stop euro’s free fall

Tirana Times
By Tirana Times January 7, 2019 12:24

BoA emergency purchases of €170 mln not enough to stop euro’s free fall

Story Highlights

  • With no intervention in the final quarter of 2018, the euro continued losing ground and traded at an average of 123.45 lek in December 2018, compared to an average of 126 lek in the third quarter of the year when the central bank purchased considerable amounts of euros from the local market

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By Ervin Lisaku TIRANA, Jan. 7 – Albania’s central bank says it purchased around €170 million from the local currency exchange market in the second half of 2018, but its

Tirana Times
By Tirana Times January 7, 2019 12:24