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Euro hits highest level since January

TIRANA, March 3/ATA/ From the beginning of this week, the Albanian Lek has started to depreciate in the exchange rate with the Euro.

According to the official exchange rate of the Bank of Albania, on Thursday the euro got exchanged at 122.68 Lekë, or 0.97 Lekë more than the day before.

This is the highest level of the Euro exchange rate since mid-January 2022 and since the beginning of the week the euro has gained approximately 0.5 points in the Lek exchange rate.

Experts say that the appreciation of the euro this week is due to increased demand for Euros in the domestic market.

While an increasing trend in relation to the Lek is marked by other foreign currencies.

Thus, the US dollar strengthened its position today by 0.92 Lekë, climbing to the quota of 110.60 Lekë, while the British pound is exchanged by 148 Lekë or 1.95 Lekë more than the day before, and the Swiss franc gained ground by 0.87 Lekë and got exchanged by 120.20 Lekë. /j.p/p.s./

Main Currency  Albanian Lek per Foreign Currency Unit

US Dollar              USD       110.60   +0.92

Euro         EUR                      122.68     +0.97

Great Britain Pound        GBP       148.00   +1.95

Swiss Franc         CHF        120.30   +0.87

 

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