{"id":24301,"date":"2026-04-14T07:49:43","date_gmt":"2026-04-14T06:49:43","guid":{"rendered":"https:\/\/voranews.al\/?p=24301"},"modified":"2026-04-14T07:49:45","modified_gmt":"2026-04-14T06:49:45","slug":"kthimi-nga-investimi-i-rezerves-valutore-u-permiresua-ne-2025","status":"publish","type":"post","link":"https:\/\/voranews.al\/?p=24301","title":{"rendered":"Kthimi nga investimi i rezerv\u00ebs valutore u p\u00ebrmir\u00ebsua n\u00eb 2025"},"content":{"rendered":"\n<p>Kthimi nga investimi i rezerv\u00ebs valutore sh\u00ebnoi rritje t\u00eb leht\u00eb vitin e kaluar.<\/p>\n\n\n\n<p>Sipas informacionit nga Banka e Shqip\u00ebris\u00eb, kthimi i rezerv\u00ebs ishte pozitiv n\u00eb mas\u00ebn 3.03%, nga 2.91% q\u00eb kishte qen\u00eb n\u00eb vitin 2024.<\/p>\n\n\n\n<p>Nj\u00eb rritje e leht\u00eb e normave t\u00eb interesit n\u00eb tregjet nd\u00ebrkomb\u00ebtare, ve\u00e7an\u00ebrisht n\u00eb gjysm\u00ebn e dyt\u00eb t\u00eb 2025, ka ndikuar n\u00eb nj\u00eb korrektim t\u00eb vog\u00ebl n\u00eb rritje t\u00eb kthimit nga rezerva valutore.<\/p>\n\n\n\n<p>Gjithashtu, nj\u00eb ndikim pozitiv vler\u00ebsohet se ka dh\u00ebn\u00eb ve\u00e7an\u00ebrisht edhe rritja e \u00e7mimeve t\u00eb arit.<\/p>\n\n\n\n<p>N\u00eb fund t\u00eb vitit 2025, p\u00ebrb\u00ebrja e rezerv\u00ebs valutore bruto sipas monedhave dominohej nga Euro me 60.3%, e ndjekur nga Dollari Amerikan me 22.3%, Ari me 5.9%, t\u00eb drejtat e t\u00ebrheqjes n\u00eb FMN (SDR) me 3.7%, Paundi Britanik me 2.5%, Renminbi Kinez, me 2.7%, Jeni Japonez me 2%, dhe Dollari Australian me 0.6%.<\/p>\n\n\n\n<p>N\u00eb fund t\u00eb dhjetorit 2025, stoku i rezerv\u00ebs valutore bruto p\u00ebrfshinte edhe rreth 116.99 mij\u00eb onz ose 3.64 ton ar monetar.<\/p>\n\n\n\n<p>Rezerva valutore e administruar nga Banka e Shqip\u00ebris\u00eb \u00ebsht\u00eb e investuar n\u00eb aktive likuide, kryesisht me afat maturimi 1-3 vjet dhe 3-5 vjet.<\/p>\n\n\n\n<p>Pesha e investuar n\u00eb instrumente t\u00eb borxhit me afat mbi 5 vjet rezulton me rritje, duke p\u00ebrfaq\u00ebsuar rreth 13.4% t\u00eb portofolit t\u00eb rezerv\u00ebs s\u00eb investuar n\u00eb tituj, n\u00eb mbyllje t\u00eb vitit.<\/p>\n\n\n\n<p>Portofoli i administruar nga administratori i jasht\u00ebm (IBRD, pjes\u00eb e Bank\u00ebs Bot\u00ebrore) ka vijuar t\u00eb investohet kryesisht n\u00eb instrumente borxhi t\u00eb emetuara nga qeveri dhe agjenci qeveritare, kundrejt nj\u00eb portofoli referenc\u00eb 1-3 vjet emetime t\u00eb thesarit amerikan.<\/p>\n\n\n\n<p>N\u00eb funksion t\u00eb rritjes s\u00eb rezerv\u00ebs valutore, n\u00eb muajin dhjetor u realizua ndryshimi i portofolit q\u00eb administrohet nga IBRD-ja, duke iniciuar mandatin e ri t\u00eb investimit n\u00eb tituj t\u00eb mb\u00ebshtetura n\u00eb kredi hipotekare (Mortgage Backed Securities, MBS). Ky mandat investimi do t\u00eb zbatohet me nj\u00eb horizont kohor investimi 5 vjet.<\/p>\n\n\n\n<p>N\u00eb fund t\u00eb vitit 2025, rreth 63.7% e portofolit t\u00eb rezerv\u00ebs valutore rezultonte e investuar n\u00eb emra me renditje t\u00eb cil\u00ebsis\u00eb s\u00eb lart\u00eb (klasa AAA dhe AA, duke p\u00ebrfshir\u00eb edhe ekspozimet n\u00eb llogari rrjedh\u00ebse dhe SDR).<\/p>\n\n\n\n<p>Ekspozimet sipas llojit t\u00eb emetuesit\/kund\u00ebrpal\u00ebs me t\u00eb cil\u00ebn investohet, p\u00ebrfaq\u00ebsohen nga qeveri\/banka qendrore (81%), ndjekur nga banka\/institucione t\u00eb tjera financiare (7.7%), institucione shum\u00ebpal\u00ebshe (5.9%), agjenci (4.4%), autoritete qeveritare\/organe publike (0.5%) dhe institucione t\u00eb garantuara nga qeverit\u00eb (0.4%).<\/p>\n\n\n\n<p>Sipas statistikave t\u00eb Bank\u00ebs s\u00eb Shqip\u00ebris\u00eb, n\u00eb fund t\u00eb vitit t\u00eb kaluar, rezerva valutore e vendit kishte vler\u00ebn e 6.3 miliard\u00eb eurove. Vlera e mjeteve t\u00eb rezerv\u00ebs valutore \u00ebsht\u00eb rritur me 16.5% krahasuar me nj\u00eb vit m\u00eb par\u00eb. (Marr\u00eb nga Monitor)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kthimi nga investimi i rezerv\u00ebs valutore sh\u00ebnoi rritje t\u00eb leht\u00eb vitin e kaluar. Sipas informacionit nga Banka e Shqip\u00ebris\u00eb, kthimi i rezerv\u00ebs ishte pozitiv n\u00eb mas\u00ebn 3.03%, nga 2.91% q\u00eb kishte qen\u00eb n\u00eb vitin 2024. Nj\u00eb rritje e leht\u00eb e normave t\u00eb interesit n\u00eb tregjet nd\u00ebrkomb\u00ebtare, ve\u00e7an\u00ebrisht n\u00eb gjysm\u00ebn e dyt\u00eb t\u00eb 2025, ka ndikuar &hellip;<\/p>\n","protected":false},"author":1,"featured_media":24302,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13],"tags":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/voranews.al\/wp-content\/uploads\/2026\/04\/IMG_5686.jpeg","_links":{"self":[{"href":"https:\/\/voranews.al\/index.php?rest_route=\/wp\/v2\/posts\/24301"}],"collection":[{"href":"https:\/\/voranews.al\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/voranews.al\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/voranews.al\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/voranews.al\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24301"}],"version-history":[{"count":1,"href":"https:\/\/voranews.al\/index.php?rest_route=\/wp\/v2\/posts\/24301\/revisions"}],"predecessor-version":[{"id":24303,"href":"https:\/\/voranews.al\/index.php?rest_route=\/wp\/v2\/posts\/24301\/revisions\/24303"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/voranews.al\/index.php?rest_route=\/wp\/v2\/media\/24302"}],"wp:attachment":[{"href":"https:\/\/voranews.al\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/voranews.al\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/voranews.al\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}