BANK OF ALBANIA

PRESS RELEASE
Bank of Albania interventions in the money market and foreign exchange market during 2018 Q3

Publication date: 28.12.2018

 

1.1. Open market operations

In 2018 Q3, the Bank of Albania intervened in the money market through open market operations to inject liquidity. For the management of liquidity shortage in the banking system, and the size of the portfolio of Bank of Albania securities, transactions in the secondary market of securities were also carried out.

The average daily injection, through liquidity injecting operations, during 2018 Q3, was ALL 37.24 billion, down from the average of ALL 40.19 billion in the first half of the year. The injected amount again ranged in a broad band from minimally at ALL 28 billion at the beginning of July, to around ALL 46 billion at the end of September.