
Tonight, the show "Dollar Square" is discussing the exchange rate, where the lek has strengthened against the euro.
Altin Tanku, director of the research department at the Bank of Albania, says that there have been some structural changes in the Albanian economy that have affected this aspect.
According to him, there are structural changes related to demographic changes in the Albanian economy and the labor market, changes related to the integration processes of the economy that includes remittances and foreign investment rates.
" What has happened in the Albanian economy, in our estimation, is that there is a set of important structural changes, which have brought economic and financial developments, the results of which are shown in this strengthened exchange rate or in the increase in the value of the lek against the euro. The result of these structural changes.
There are structural changes related to demographic changes in the Albanian economy and the labor market, changes related to the integration processes of the economy that includes remittances, the rates of foreign investments and this affects the course, there are changes related to the very nature and structure of Albanian economy. We have some sectors which under the general global or domestic economic effects shrink and some which grow and all these together have caused this strengthening of the lek. All this explanation, BSH uses the expression that comes as a result of fundamental factors that are of course also explained by official statistics, foreign trade, monetary, sector and balance of payments", he said.
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