BANK OF ALBANIA

PRESS RELEASE
Bank of Albania cuts the key interest rate

Publication date: 28.03.2012

 

At its meeting on 28 March 2012, the Supervisory Council of the Bank of Albania decided to cut the interest rate on repurchase and reverse repurchase agreements (REPO and reverse REPO) by 0.25 percentage points. Following this move, the interest rate on repurchase and reverse repurchase agreements is 4.25 per cent (from 4.50 per cent).