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Bank of Albania decides to keep intact basic interest rate at 0.5%

TIRANA, February 3 /ATA/- The Supervisory Council of the Bank of Albania reviewed and approved today the Quarterly Monetary Policy Report while deciding to keep the key interest rate unchanged at 0.5%.

In the press release, the BoA stated that, “After discussing the economic and monetary developments in the country and their expected performance, the Supervisory Council decided to keep the overnight deposit interest rate unchanged at the Bank of Albania, at 0.1 %”.

It was also decided to keep the overnight credit interest rate unchanged at the BoA at 0.90%./p.s./

 

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