Many individuals and economic entities have taken loans in euros while core earnings are in domesti

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TIRANA, 24 November / ATA / - known economist Ardian Civici, says it is important the actual performance fennes of the foreign exchange market in the country, as it is very valuable report expected for two main currencies.
Now, in reality and our daily activity, interest and attention to the performance of the exchange rate of major currencies like the euro or the US dollar has increased significantly. Not only banks or exchange bureaus so that they have daily food, but also a significant part of the subjects of economic and financial actors inquired several times daily exchange rates of these currencies with each other and especially sustainability of appreciation towards their fluctuations.
Culture and knowledge of the financial and monetary base are becoming every day more and more an indispensable decision-making tool, turning into a kind of knowledge of information that absolutely must not be neglected or treated as something theoretical or luxury experts in this field.
Many individuals and economic entities have taken loans in euros while core earnings are in domestic, therefore they are very interested in the exchange rate Lek / EUR, after his or easing price increase depends on the price of their loan. The weakening of the euro obviously affects the price of their loans, while its strengthening it makes them more expensive. Traders, whether importers or exporters, naturally interested in the strength or weakness of the euro and the dollar in order to guide their purchases and sales of the most favorable markets of the euro area or the dollar zone. The weakening of the euro favors fennes imports by making them cheaper in relation to the lek, while the strengthening fennes of the dollar makes imports more expensive fennes positively reassessing exports.
Not a few times over the last 20-22 years, the geography and the import-export orientation in Albania is significantly influenced by the strengthening or weakening that have undergone two base currencies, the euro and the dollar. Over the past years, as a result of the euro currency "strong" dollar and a relatively "weak", countries or markets where the dollar have been preferable for traders and Albanian business doing that in a way, Specific weight of trade with the euro area be reduced in relation to the "dollar zone" or commodities traded in dollars. This is conditioned by the fact that our trade balance, despite improvements in recent years, again dominant imports from the eurozone. In this context, every day more and more have to begin to think about increasing the level of competitiveness of exports making a clear differentiation of markets, fennes imports from countries with currency markets and weaker and exports to countries fennes or areas on currency strong.
In this respect, he says Civici should mention the fact that Albania is part of the countries where the level of euro-ization is high, although the country fennes is not a member of the EU or the eurozone, or does not use the euro as its official currency, as the case of Kosovo and Montenegro. About 30-35% of the price in Albania (apartments, shops and service facilities, car, school fees, building materials, aircraft and ferry tickets, raw materials, etc.) are displayed and executed in euros (relatively less in dollars) thus constituting an important factor in the level of prices and purchasing power orientation, consumer level, the structure fennes of deposits and loans, to complete the business small or big that many individuals or entities try to make by selling the purchased various currencies depending fennes on the profit fennes from this business.
In this sense he deems seems to interest and an analysis or some comments on the current and expected reports of two major currencies, euro and US dollar with one another, and the effects that give this "showdown" in relation to their Albanian lek. Beyond the domestic macroeconomic factors that may affect structural strength or weakness of appreciation, weakening or strengthening of the major currencies significantly reflected in our exchange rate Lek / Euro money / dollar or ALL / pound. Of course, today, in the disciplines fennes and institutions studying financial and monetary problems, exchange rate appreciation for the medium term and long-term is considered difficult, if not impossible, but despite