ALL Market Update
21 Jul 2026 • 00:37 GMT
The Albanian lek (ALL) has remained stable against the US dollar, trading near its 3-month average at approximately 0.012193. Recent market factors, including increased tourism and a government budget surplus, have supported the lek. The Bank of Albania's renewed foreign currency purchases and a slight rate cut from 2.75% to 2.5% have helped manage the currency's strength, keeping it within a narrow trading range of about 3%.
While the dollar stays firm amidst global inflation concerns and geopolitical tensions, the ALL's exchange rate has shown little volatility against the USD. The currency has also maintained relative stability against the euro and other major currencies, with minor deviations within a stable range.
Overall, the ALL remains steady, mainly supported by external inflows and cautious interventions by the central bank. However, traders should keep an eye on global U.S. economic data and monetary policy signals for any potential shifts that could impact the currency’s outlook.