TIRANA, June 10 /ATA/ Emigrants have sent more remittances to the country in the first three months of this year.
According to the data of the Bank of Albania, the foreign currency inflows of immigrants reached 242 million euros, recording an annual increase of 13%.
Italy and Greece are the highest remittance sending countries due to the high number of immigrants living and working in neighboring countries, followed by UK and Germany.
BoA notes that the high levels of remittances, tourist expenses, foreign direct investments have been the main factors in the strong devaluation of currencies in general and the euro in particular.
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