TIRANA, Aug 4/ATA/The Supervisory Council of the Bank of Albania reviewed and approved today the monetary policy report.
The Governor of the Bank of Albania, Gent Sejko during a press conference on Wednesday said that, “the Supervisory Council of the Bank of Albania after discussing the economic and monetary developments in the country and the expected performance, decided to keep the key interest rate in the Albanian lek unchanged at the level of 0.5%.
Sejko also stressed that “interest rates on overnight deposits and loans remain unchanged at 0.1% and 0.9%, respectively.”
The head of the Central Bank noted that, “monetary policy will continue to remain accommodative throughout the medium-term horizon, in order to sustainably recover economic activity and return inflation to target.” //a.i/
