04.07.2018

Monetary Policy Decisions

Today, on July 4, 2018, the Supervisory Council of the Bank of Albania reviewed and approved the Interim Monetary Policy Report. In conclusion to the discussions on the economic and monetary developments and the expected outlook, the Supervisory Council decided to:

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04.07.2018

Questions and answers at the press conference, 4 July 2018

Question: You said the intervention in the market will continue? How much euro will be purchased?

Governor: We do not know and cannot know the amount of euro we will purchase in the market. The purpose of the intervention is to achieve our main objective, to maintain price stability, i.e. the level of inflation.

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INFLATION RATES

KEY INTEREST RATES

  • Repo Rate 1.00% (One Week Repurchase Agreement)
  • Standing Facilities
  • Overnight deposit 0.10%
  • Overnight credit 1.90%
Effective from:  04.07.2018

EXCHANGE RATE

USD / LEK 107.57
EUR / LEK 125.89
GBP / LEK 142.67
CHF / LEK 107.61
Last update: 16.07.2018
Time of change: 12:05

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