Euro in its exchange with the Lek at the beginning of May 2024[1] has depreciated on average by 3.7% since the end of 2023. If we look at the exchange rate of the Euro with the Lek, at...
The banking industry includes not only commercial banks (as we have them in Albania), but mainly investment banks, microcredit financial institutions (not banks) and pension and insurance companies[1]. All banks have large cash holdings. They hold a small amount...
During 2023 there is an entry: of Euros and other foreign currencies at the converted level of 4 billion Euros and an exit from Albanian visitors to foreign countries at a level of 55% of this value, which means that they...
"The annual change of the consumer price index in March 2023 is 5.3%, a year ago this change was 5.7%", quoted from the March bulletin on CPI [1] from INSTAT. When we look at an indicator like inflation, which...
Today's economy looks vastly different compared to last year and worries about inflation, exchange rate fluctuations, rising bank interest rates and the cost of personal and business loans and even a recession are weighing on in the minds of each...
