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

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

The Bank of Albania, to inject liquidity, employed its main instrument, the reverse repurchase agreement of one-week maturity, averagely ALL 23.03 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 5 cases, at an average ALL 3.33 billion per auction).  While the there-month R/Repo was employed in two cases, at an average ALL 3.25 billion per auction.