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Exchange rate/Euro and USD at lowest level of current year

TIRANA, May 10/ATA/ In the domestic foreign exchange market, the euro dropped today to its lowest level of this year.

According to the official exchange rate of the Bank of Albania, one euro was exchanged on Monday at 122.92 lek, from 123.01 lek that was at the weekend, or 0.09 lek less.

This is the lowest level of the euro this year and in quotas similar to the end of last year before New Year holiday.

Market actors say that the revival of tourism in the country has increased the supply of euros in the market, a trend that is expected to increase with the gradual entry into the peak of the summer season.

While the US dollar depreciated today.

The American buck exchanged at 101.1 lek, from 101.89 that was the day before or 0.79 lek less, being exchanged at the lowest levels since the beginning of January this year.

While the British pound and the Swiss franc strengthened their positions by 0.66 lek and 0.02 lek respectively and exchanged for 142.42 lek and 112.26 lek. /a.a/p.s./

 

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