Key rate cut to new historic low of 1.5%

Tirana Times
By Tirana Times April 8, 2016 10:15

Story Highlights

  • The move comes after lending contracted by an annual 2.2 percent last February and inflation rate hit a 13-year low of 0.2 percent, significantly below the central bank’s 3 percent target, sparking deflation concerns

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TIRANA, April 6 – Albania’s central bank has cut the key interest rate by another 0.25 percent to a new historic low of 1.5 percent in a new effort to

Tirana Times
By Tirana Times April 8, 2016 10:15