Central Albanian Bank Intervenes in foreign exchange market and money

Central Albanian Bank Intervenes in foreign exchange market and money
 The Central Albanian Bank intervened in the domestic money and foreign exchange market during the second quarter of 2015 for the injection of liquidity and permanent operations aiming at structuring Bank of Albania’s portfolio.

Central Bank sources said Friday for ATA that total amount of injected liquidity averaged 28.35 billion lek compared to 21.30 billion lek injected in the first quarter of this year and the average injected liquidity of 20.61 billion lek in the second quarter of 2014.

To inject liquidity, Central Bank employed its main instrument, the one-week reverse repurchase agreement.

According to Bank of Albania, daily injection operations have been employed in five instances. During the second quarter of this year, Central Bank has carried out four auctions for the sale of six-month and 12-month treasury bills.
Central Albanian Bank Intervenes in foreign exchange market and money Central Albanian Bank Intervenes in foreign exchange market and money Saturday, October 10, 2015 Rating: 5
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