27.5 C
Tirana
03-10-26
Home Economy

Tourism flows support Albanian lek as euro eases in early October

TIRANA, Oct. 3 /ATA/ – Tourism-related foreign currency inflows continued to support Albania’s lek in early October, while the euro edged lower against the national currency, official data showed on Saturday.

The euro fell slightly from 92.00 leks on September 28 to 91.98 leks on October 2, according to the Bank of Albania’s official exchange rate.

The U.S. dollar, British pound and Swiss franc, meanwhile, strengthened against the lek over the same period.

The dollar rose to 81.88 leks on October 2 from 80.86 leks on September 28, while the pound increased to 108.01 leks from 107.40 leks. The Swiss franc recorded the strongest rise, reaching 98.76 leks from 97.30 leks.

The lek’s strength against major foreign currencies has been supported by tourism-related inflows, alongside other sources of foreign currency such as foreign direct investment and remittances.

Foreign direct investment reached a record 1.144 billion euros in the first half of 2026, adding to foreign currency inflows and supporting demand for the lek.

/e.xh/a.f/u.sh/

Previous articleHundreds deployed to battle wildfires in central Albania
Next articleGerman projects and initiatives showcased at Tirana street festival