Bank of Albania "absorbs" 595 million euros from the market - Increases foreign exchange purchases to strengthen foreign exchange reserves and financial stability
During the third quarter of 2025, the Bank of Albania continued to intervene in the domestic foreign exchange market, purchasing euros, with the aim of strengthening the foreign exchange reserve and maintaining financial stability.
According to official data, the Bank of Albania has held seven auctions for the purchase of foreign exchange from second-tier banks. In total, over 108 million euros were purchased during this period, a higher level compared to the previous two quarters of the year.
These purchases are part of the strategy previously announced by the Bank of Albania and aim to increase the country's foreign exchange reserves, but also to manage the effects of high foreign exchange flows in the economy. Purchases in the foreign exchange market have also contributed to reducing the lack of liquidity in the banking system.
Throughout 2025, the Bank of Albania purchased a total of around 595 million euros, making this one of the years with the highest interventions in the foreign exchange market. According to the Bank, these actions were carried out in line with the objectives of monetary policy and financial stability.
In parallel, the Bank of Albania has also carried out several transactions with other institutions. Foreign exchange was sold to the Ministry of Finance to cover its needs, while several smaller purchases were also recorded from international financial institutions.
The Bank of Albania emphasizes that these interventions do not aim to directly affect the exchange rate, but to maintain the normal functioning of the market and strengthen the country's financial position.
According to the data, interventions in the foreign exchange market have played an important role in stabilizing the financial market during the summer months, a period characterized by increased money in circulation and increased foreign exchange flows.
The figure of 595 million euros does not represent routine purchases for the reserve and agreements with other institutions.
2-fold increase in fines for greenhouse gases - Industrial and transport activities, administrative measures for violators are tightened
Doubling of fines for entities that violate legal obligations on monitoring and reporting greenhouse gases. Everything is foreseen in the new law "On Climate......
2.5 million properties in the Fiscal Cadastre - The full application of the market value property tax begins in 2028
Around 2.5 million immovable properties of Albanian citizens will gradually begin to be registered in the Fiscal Cadastre, which is already operational, to......
MIE: Report on the situation created in the country by bad weather!
Yesterday evening and during the first hours of today, in addition to the rain, there was also snowfall in many areas of the country. The working groups of......
Immediate evacuation of Novosela residents - As a result of flooding. Minister Pirro Vengu issues the order
The Minister of Defense, Pirro Vengu, has ordered the immediate evacuation of the residents of Novosela as a result of the situation created by the floods......
Rain and snow in some districts - ARRSH: Avoid movement on problematic axes
During the night, rain continued and snowfall began throughout the northern and southeastern areas of the country. In the Northern Region, there was......
Baby food, inflation in Albania above Europe/ Families face price increases for essential products
Raising a child in Albania is becoming increasingly expensive, while one of the most basic items of expenditure, baby food, has seen significant price......
Floods, critical situation in 6 counties - Civil Emergencies: Problems in agricultural lands, snow in some counties
As a result of intense rainfall, in recent hours there has been an increase in river levels in several regions of the country, which has created serious......
How will listed companies be acquired? - Draft law, for consultation/ Aims for fair prices and equality for shareholders
New changes have been proposed to the law that regulates the acquisition and control of listed companies in Albania. These are companies that sell shares......
