Coronavirus depreciates Albanian leke, Euros

Coronavirus depreciates Albanian leke, Euros

In less than four days, foreign coins have seen a significant increase in money. Even after the Bank of Albania's reliefs, local currency has been depreciated with at least 4 points against the euro and the pounds. Coronavirus, like all sectors of the economy, has affected the value of foreign currency vs. lek. [...]

In less than four days, foreign coins have seen a significant increase in money. Even after the Bank of Albania's reliefs, local currency has been depreciated with at least 4 points against the euro and the pounds.

Coronavirus, like all sectors of the economy, has affected the value of foreign currency vs. lek.

Within four days, the euro has increased by 4 points, going in exchange at 128.17 leks, the highest level over the past year.

According to experts, the cause is the lack of euros in the market compared to demand.

By Thursday, the next wave was on the rise. The American dollar has continued to reinforce and is exchanged for $115.56 with a $1,79 daily increase.

A week earlier, the British pound was the coin that had suffered the most sensitive drop of 4 points, exchanging for $130,51.

While this Friday he has strengthened his positions with a daily increase of more than 5 points, swapping for $142.33.

In a report on March 13th, when economic activity and movement were introduced, with the aim of curbing the spread of the coronary, the euro has been strengthened and exchanged from $112,79, previously worth $112.17.

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