Euro shows signs of upward trend against Albanian lek as tourist season comes to an end

TIRANA, Sept. 3 – Europe’s single currency has been gaining ground against Albania’s national currency over the past couple of weeks amid ongoing emergency intervention by Albania’s central bank and at a time when euro inflows on the local market have slowed down as the peak tourist season comes to an end and dozens of thousands of Albanian migrants have left the country after spending summer holidays at home. The euro climbed to an almost 3-month high of 126.4 lek this week, but continued trading at a 10-year low against the Albanian lek with a series of negative effects for…