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✉news BusinessBanking first seen 14 h ago, last 1 h ago, peak #26

Albania's Central Bank Buys Record €664 Million in Euros in H1

Original: C-Bank Purchased a Record of Euro 664 mln in H1

Albania's central bank purchased a record €664 million in euros during the first half of the year, according to Albanian Daily News. The figure marks an unprecedented volume of euro purchases by the institution, drawing attention to the bank's role in the currency market and its management of the lek-euro exchange rate.

Why now: A record level of central bank euro purchases points to significant foreign exchange intervention or reserve accumulation, which matters to markets and anyone tracking the Albanian currency.

Bank of AlbaniaAlbaniaeuro

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