Euro hits an all time low

The European currency, Euro, has hit an all time low against the Albanian currency, Lek. Today, one euro was sold 111.8 leks.

Experts explain the continuous depreciation of the European currency with the high supply on the market. According to them, the election campaign and informal inflows of the European currency have had a significant impact on this.

The depreciation of the Euro is not stopping, although the country's central bank has purchased significant quantities of it to manage the currency reserves.

Meanwhile, the European currency's value could depreciate even more as the country is getting ready for the new tourist season.