This September, the Albanian LEK has increased its value with 4.6% against other currencies, according to the Bank of Albania.
Compared to September 2016, ALL has won 4 points against Euro and 9 points against the US Dollar.
Dollar has lost valued due to foreign market events.
The Albanian Lek has kept winning terrain against foreign currencies for the past two years.
According to the Bank of Albania, this is due to the economic growth. This tendency will continue in the future and will reduce the risk for our economy.
According to the Bank of Albania, there is excessive presence of foreign currency in the market, and this has increased the value of ALL. But where did this currency flux come from?
The Bank says it comes from the increased level of foreign investments and the deficit of the current account, which shows all currency exchange made in Albania.
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