Central Bank has injected 233.59 billion ALL in the second quarter of 2009

TIRANA, Oct 16؁lbania’s central bank injected 233.59 billion ALL (1.702 billion euro) in the second quarter of the year, mostly through one-week repo deals, the bank said.
During the second quarter the Bank of Albania injected an average 16.68 billion ALL a week in one-week reverse repo deals and an average 2.4 billion ALL per auction in three-month reverse repo deals, it said in a statement late on Thursday.
The bank, which usually regulates daily liquidity through one-day deposits, temporarily suspended acceptance of one-day deposits by banks for two months and resumed it in June when it used 0.14 billion ALL on average to regulate daily liquidity, compared to 1.04 billion ALL in the first quarter.
This raised awareness among the banks to better administer liquidity, the central bank said.
The Bank of Albania did not use one-day credits to regulate liquidity over the three-month period through June.
It sold 1.93 billion ALL to regulate the foreign exchange market and avoid a depreciation of the local currency over the second quarter. The bank also bought 5.867 billion ALL from the Finance Ministry and sold it foreign currency worth 6.988 billion ALL in the second quarter. It also sold 83.53 million ALL in foreign currency to international financial institutions.
The bank injected 163.84 billion ALL mostly through one-week repo deals in the first quarter of the year.