exchange rate

Exchange rate dynamics in Albania, 2015-2025 in a structural reading

The analysis of the behavior of the exchange rate in Albania during the period 2015–2025 shows that the relationship between the lek and macroeconomic factors is neither uniform in time nor symmetrical in intensity. The exchange rate does not react...

Foreign exchange risk for Albanian exports and the urgent need for financial protection mechanisms

The current situation of Albanian exporters is not simply a financial or technical issue, but a structural problem of the economic model itself. In a context where the euro has significantly depreciated against the lek, the Albanian exporter finds itself...

The need for a more realistic Budget Report, based on in-depth economic analysis

The Albanian Economy, as Presented in the Draft Budget Report for 2026, is depicted as a story of sustained success in the face of multiple crises over the past decade from the 2019 earthquake and the global pandemic to...

The strength of Lek and the paradox of Albania’s Foreign Exchange market

A typical day at the foreign exchange offices in downtown Tirana on 28 October 2025 reveals more than any statistical report. While the official euro exchange rate stands at around 96.8 lek, several currency exchange offices in the physical market...

Monetary policy, Euroization challenges in 2025, and the need for credibility

Albania finds itself at a delicate juncture where its monetary policy no longer wields the influence it once did. While the central bank has raised interest rates and maintained the stability of the lek, a significant portion of the economy...

National currency should reflect the real economy

The Strengthening of the Albanian Lek in Recent Years, mainly driven by high foreign currency inflows through tourism, remittances, real estate transactions, and capital movements, has been widely interpreted as a sign of macroeconomic stability and confidence in the Albanian...

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