BREAKING NEWS
SPAK shocks the Meta-Kryemadhi couple, prosecutors start seizures for their "black" money laundering file, here's what's happening at GJKKO
x
BREAKING NEWS
Albania boils over "SKY" interceptions, the wealth of the State Police dome for 2022 is revealed, from Muhamet Rrumbullaku, Neritan Nallbati, Rebani Jaupi, to Altin Qato and Edmond Rizai, here is who is the richest and poorest leader
x
BREAKING NEWS
This is how the secretary betrayed Aldo Bumçi, directly implicated the former minister as Shkëlzen Berisha's soldier in the dismantling of weapons in Gërdec, SPAK is questioning him for the first time today
x
BREAKING NEWS
Sali Berisha created the "Foltore" for his personal problem and sold the Democrats to the "butcher" Ilir Meta, Evi Kokalari sheds light on the sensational behind the scenes and asks the well-known MP to be careful of the attacks of Reestablishment
x
BREAKING NEWS
There is no end to the cruelty towards citizens, in Albania the price of oil remains in the stratosphere even though the value of a barrel of "black gold" has decreased by 7 dollars in the international stock markets, experts raise the alarm
x
BREAKING NEWS
Frrok Çupi: This is why SPAK is not arresting Sali Berisha, how will the former prime minister go to handcuffs and what behind the scenes are hidden behind Argita's appearance on the stage
x
BREAKING NEWS
Fatos Klosi sheds light on the "black file" of Sali Berisha: Here's how he has escaped arrest so far, his crimes in '97-'98, the secrets behind the murder of Azem Hajdari, the planning of the execution of 4 protesters on January 21 and why will not lea...
x
BREAKING NEWS
The well-known analyst Kastriot Aliaj unmasks Sali Berisha, from the meetings with the Serbian murderer Arkan, to the intrigues, bargains, insults, frauds, crimes and his family corruption, how he stole 1.6 million dollars from the state coffers in coo...
x
"Superleku" follows the revenge, European currencies in drastic decline, here is what is expected to happen with the euro
Written by SOT.COM.AL 19 Nëntor 2023
This weekend, the euro has reached the lowest point in the last three months, it is being exchanged at 103 ALL.
According to the rate published by the Bank of Albania, the European currency is being exchanged for 103 ALL on average. From the data, it can be seen that this level of the euro-lek exchange rate is equal to the first days of August, when the euro was sold at 102.35 lek, while it was bought at 101.35 lek.
The exchange rate data of the Central Bank show that the month of November is also confirming the strong position of the Lek in the currency exchange rate.
A weak euro is favorable to restrain the increase in the level of inflation in the country. During the month of October, inflation reached 3.8%, the lowest level recorded since February 2022, before the start of the war in Ukraine.
A devalued euro is positive for citizens and businesses that have loans in euros, as they pay less for the next installment, but it negatively affects the levels of Albanian exports.
Together with the euro, other main currencies such as the dollar or the pound have been devalued.
Most read
Currency exchange for today / How much the dollar and euro are bought and sold, here's what's happening with other currencies
SPAK discovers abuse in oil tenders in the Municipality of Kukës, Prefect Granit Gjana is suspended from office
Defects: The housing program with facilitating conditions will continue next year
The price of oil in Albania "exceeds", the well-known expert raises strong doubts: Markets are stagnant because there is no competition, since the moment when the transparency board was dissolved...
The price of oil on the stock market drops, it reaches 76 dollars per barrel, Albanians buy it for up to 200 lek/liter
