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Albanian diaspora saves denar: approximately 800 million euros sent in eight months.



Macedonia's foreign exchange reserves Foreign exchange reserves (also called Forex reserves) in a strict sense are only the foreign currency deposits held by central banks and monetary authorities.  increased by 68 million euros in one month, shows the data released by the National Bank of the Republic of Macedonia The National Bank of the Republic of Macedonia (Macedonian: Народна банка на Република . Sources from the National Bank say that the diaspora Diaspora (dīăs`pərə) [Gr.,=dispersion], term used today to denote the Jewish communities living outside the Holy Land. It was originally used to designate the dispersal of the Jews at the time of the destruction of the first Temple  filled the reserves, seeing as they spent approximately 200 million euros in the country over the last two and a half months. Abdulmenaf Bexheti, professor at the Stoel University, says that over 80 percent of the funds entering the state come from the Albanians living abroad, who saved Macedonia's economy this year, just like they have done before. "We are not talking only about the sum of 800 million euros that entered the country over the last eight months; we should also consider the money that enter the country via unofficial un·of·fi·cial
adj.
Of or being a drug that is not listed in the United States Pharmacopeia or the National Formulary.
 channels. The foreign currency sent by the diaspora has a big impact, seeing as this money helps the Albanians, who do not receive anything from the state," Bexheti explained.
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Title Annotation:Koha (daily)
Author:Veseli, Zejnula
Publication:Albanian Press in Macedonia
Date:Aug 26, 2009
Words:154
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