C-Bank Absorbs Euro638.21mln in First Quarter
TIRANA – Albania’s central bank said on Wednesday it absorbed Lek78.245 billion (US$869.96 million/638.21) in one-week, one-month and three-month repo deals in the first quarter of the current year.
The first quarter of this year was characterized by excess liquidity, contrary to the previous quarter when there was lack of liquidity in the banking system, said the bank.
(Albanian Daily News)
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