TIRANA, June 6 /ATA/ The Bank of Albania purchased at Friday’s auction, 13.2 million euros, for the management of foreign exchange reserves.
The amount foreseen to be bought in the first round of the auction was between 5 and 8 million Euros and the Bank of Albania decided to buy in full the upper value of the range.
The purchases in the first round were made at a rate that was in the range between ALL 120.29 and 120.41.
In the annual calendar of foreign exchange market interventions, drafted at the end of 2021, the Bank of Albania has planned 15 auctions for the purchase of foreign currency.
According to the decision of the Monetary Policy Implementation and Advisory Committee at the Bank of Albania for 2022, an amount of 140 million euros is forecast to be purchased in the domestic foreign exchange market.
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