ALL Market Update
13 May 2026 • 00:37 GMT
The Albanian lek (ALL) remains relatively steady against the US dollar (USD), currently trading at around 0.012305, which is 1% above its three-month average. The ALL has traded within a narrow range, indicating stable conditions overall. Recent factors supporting the Lek include stronger tourism inflows and a substantial budget surplus, which have helped keep the currency firm. The Bank of Albania has been actively intervening by purchasing foreign currency to prevent excessive gains, alongside a recent slight interest rate cut to 2.5% aimed at managing inflation. Despite some monetary easing, these positive domestic influences continue to support the Lek against the USD.
Against other major currencies, the ALL is just above its three-month averages, showing stability in its wider forex performance. The currency has experienced only minor fluctuations, suggesting the market remains cautious but settled at current levels. Overall, the Lek’s outlook remains stable as recent economic data and central bank actions help keep the currency resilient.