ALL interest rate increased, more demand for Albanian currency

24/11/2016 00:00

After reaching its peak during summer, the price of Albanian ALL has started a stable growth.

Treasury bonds at the last Bank of Albania bid were 2.57%, or twice more than during July.

The growth has affected long-term debt instruments. For two-year obligations, interest rates have increased from 1.5% in July to 3.35% during the last bid.

The interest rate growth is good news for those who save money, because they will earn more. But it is bad news for those who take loans.

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