In order to implement the monetary policy, the Bank of Albania carries out operations in the interbank market, the foreign exchange market and the government securities market.

The Bank of Albania:

  • carries out regular liquidity injection and withdrawal operations in the banking system
  • carries out operations in the foreign exchange market without prejudice to the exchange rate regime
  • organizes and takes part in government securities auctions
  • buys or sells these securities in the secondary market for the purposes of liquidity management in the banking system