exchange rate

Remittances, dirty money and the problems they leave behind

Inward flows of remittances have grown rapidly in recent years, with an average growth rate in the last 3 years (2021-2023) of 10.5% and dominate all other annual financial flows from sources abroad. Despite these trends, which began to increase...

Wage indexation to increase confidence in the system and for a new challenging model

The relationship between wage setting and inflation has been closely monitored in recent years by the Bank of Albania and the former Ministry of Finance and Economy, as it was key to their success in achieving macroeconomic stabilization in an...

Why does a strong economy cause a strong currency and why does our economy not?

International theory and practice show us that: In the short term If an economy experiences high rates of economic growth, then the economy is likely to see interest rates rise as the Central Bank responds to higher growth and potential inflationary pressures...

Investments with public capital, the public debt and influence on the money market

The budget programs for 2023, in their limitation related to the high public debt, as it appears at the beginning of the second 6 months 2023 (64.78% of GDP), despite the mitigating effects with at least 4% in decrease from...

The study “Economic growth in 2023 challenged by informality and black money” is published

At the beginning of the second 6-month period, after an assessment and ongoing monitoring of the economic situation, but also the positions held by the financial and fiscal institutions, as well as based on the comments and recommendations from the...

Exchange rate risk between Lek and Euro in the Albanian market

In broad terms, exchange rate risk [1] is major when a company or investment relies on a foreign currency that must be converted into the Albanian lek. Foreign exchange risk can be caused by the appreciation/devaluation of the Lek,...

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