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The National Bank of Moldova once again retained the base rate applied for the main short-term monetary policy operations at the level of 6.5% per annum

The National Bank of Moldova once again retained the base rate applied for the main short-term monetary policy operations at the level of 6.5% per annum

15.03.2019

This decision was adopted by the Executive Committee of the National Bank of Moldova at its last meeting. He also left unchanged the interest rate on overnight loans at 9.5% per annum, and the interest rate on overnight deposits at 3.5% per annum. In addition, the NBM retained the required reserves ratio of raised funds in MDL and non-convertible currency at the level of 42.5% of the estimated base, and the required reserves ratio of funds attracted by banks in convertible foreign currency remained at the previous level of 14% of the estimated base. As noted by the NBM, the monetary policy decision ...
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