Albanian Lek

Albanian Lek

Albanian Lek overview

The lek (Albanian: Leku Shqiptar; plural lekë) (sign: L; code: ALL) is the official currency of Albania. It is subdivided into 100 qindarka (singular qindarkë), although qindarka are no longer issued.

1 ALL to USD exchange rates chart

ALL to  exchange rates chart

Albanian Lek news

Unclear property titles hamper Albania’s agricultural development, minister says
Unclear property titles hamper Albania’s agricultural development, minister says

TIRANA, Oct. 24 - Lack of clear property titles is a key burden for the further development of Albania’s agriculture sector, a key sector that employs about half of the country’s population but which due to its poor productivity provides only about a fifth of the national output. Agriculture

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Albanian apple growers face big losses

Apple growers in the northern Albanian region of Dibra say thousands of metric tons of apples are destined to be sold below cost or go rotten because of overproduction and lack of…

imperative positive
Terrorists, cultists – or champions of Iranian democracy? The wild wild story of the MEK

The long read: They fought for the Iranian revolution – and then for Saddam Hussein. The US and UK once condemned them. But now their opposition to Tehran has made them favourites of Trump White House hardliners

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Albanian apple growers face big losses

Apple growers in the northern Albanian region of Dibra say thousands of metric tons of apples are destined to be sold below cost or go rotten because of overproduction and lack of…

imperative positive
Albania illegal logging, animal cruelty continues at slower pace, watchdog says
Albania illegal logging, animal cruelty continues at slower pace, watchdog says

TIRANA, Nov. 7 – An Albanian environmental watchdog says it has identified illegal hunting, logging, animals kept in captivity and fires endangering rare species during this year, defying moratoriums and sanctions in place, although at a slower pace compared to a year ago. The Protection an

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Albanian apple growers face below-cost prices
Albanian apple growers face below-cost prices

TIRANA, Nov. 8 - Apple growers in the northern Albanian region of Dibra say thousands of metric tons of apples are destined to be sold below cost or go rotten because of overproduction and lack of refrigerated warehousing that could allow them to sell their top fruit at higher prices later in winter

imperative positive
2019 fiscal package: Albania tightens tax evasion rules, offers incentives
2019 fiscal package: Albania tightens tax evasion rules, offers incentives

TIRANA, Nov. 7 – Albania’s ruling Socialist Party majority has unveiled a series of legal changes aimed at fighting tax evasion among high income earners, local businesses and transactions involving foreign-owned assets starting next January, in addition to several tax incentives in a carrot and

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Reform fails to make Albania’s new municipalities financially independent, auditors say
Reform fails to make Albania’s new municipalities financially independent, auditors say

TIRANA, Nov. 6 – Almost four years after Albania started implementing a territorial and administrative reform that reorganized local government units, the new larger 61 municipalities continue remaining largely dependent on central government funding and their further decentralization and fiscal a

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IBNA interview with former minister and socialist MP, Prof. Elmaz Sherifi

In an interview for Independent Balkan News Agency IBNA former socialist MP during four legislative sessio

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Albania mulls turning key Tirana-Durres highway into toll road
Albania mulls turning key Tirana-Durres highway into toll road

By Ervin Lisaku TIRANA, Nov. 1 – The Albanian government is mulling turning the country’s key highway linking the two main cities of Tirana and Durres into a toll road through a concession which apparently does not affect public finances, but sharply increases travel costs for the country’s

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