BANK OF ALBANIA STATEMENT
Money market and foreign exchange market interventions during the fourth quarter of 2009

Money market interventions during the forth quarter of 2009 consist of open market operations to inject liquidity.

Bank of Albania to inject the liquidity, employed its main instrument, the reverse repurchase agreement of one-week maturity, averagely ALL 19.51 billion* a week as well as the adjusting instrument of longer maturity-term, the repurchase agreement of one-month and three-month maturity. The one-month R/Repo was used in 3 cases, at an average of ALL 3.0 billion per auction. The three-month agreement R/Repo was employed in three cases, averagely ALL 4.1 billion per auction. *

Bank of Albania, with the purpose to permanently increase liquidity in the market, organised during December an outright purchase auction. The amount of ALL 2.35 billion was injected through this auction.