Albanian Lek Hits New Low Against Euro
The Albanian Lek has reached its lowest level ever against the Euro this week, touching 91.8 lek per euro.
This marks a further decline in the Euro's exchange rate against the Lek, with the Lek down by 5.1% since the beginning of the year and 5.3% compared to the same period last year.
The high supply of Euros in the market, even after the peak tourist season has ended, is contributing to the decline in demand for the European currency.