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BREAKING NEWS

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BREAKING NEWS

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Ekonomia

The fall in the value of the euro, the expert lists the factors that are disrupting the market in Albania

The fall in the value of the euro, the expert lists the factors that are

The economy expert, Selami Xhepa, said that Albania has a shallow foreign exchange market, as he listed other influencing factors. According to him, the transactions in the euro currency, as well as the purchases of houses or vehicles, in the euro currency, have been affected.


"Albania has a shallow foreign exchange market. The other problem is that a structural change is taking place between the euro and the derivative market. I think that in this new monetary structure, where there are also other factors such as market segments that are not developed in euros and not in lek. For example. Like buying a house, car etc. These transactions are registered, but also not. There is a strong increase in income from tourism. We also have an increase in income from remittances. We will have to see if this will be a long-term or short-term period", said Xhepa.

 

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