✉news BusinessBanking first seen 9 h ago, last 1 h ago, peak #26
Albania's Central Bank Buys Record €664 Million in Euros
Original: C-Bank Purchased a Record of Euro 664 mln in H1
The Bank of Albania purchased a record €664 million in foreign currency during the first half of the year, according to Albanian Daily News. The scale of the intervention stands out for the region and is drawing attention to how the central bank is managing the lek's exchange rate and foreign reserves.
Why now: The purchase is a record volume, prompting discussion about its impact on the currency and monetary policy.
Evidence
- C-Bank Purchased a Record of Euro 664 mln in H1 · Albanian Daily News
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