Currency reserves of the National Bank of Moldova dropped below $2.9 billion for the first time since the end of June 2018

Currency reserves of the National Bank of Moldova dropped below $2.9 billion for the first time since the end of June 2018

In particular, in the last reporting week alone, they fell by $21.31 million (-0.7%), reaching $2 billion 898.21 million as of February 1. It should be noted that a week earlier, on January 25, 2019, they amounted to $2 billion 919.52 million. In general, since the beginning of this year, the official reserve assets of the NBM have already decreased by almost $97 million (-3.2%). As InfoMarket agency reported earlier, in 2017, the NBM currency reserves increased by $597.33 million (+ 27.1%), reaching $2 billion 803.26 million at the end of the year. They then reached the pre-crisis level and again exceeded the figure of $2.8 billion, for the first time since January 2014. The currency reserves of the National Bank increased in 2018 by $191.93 million (+ 6.8%), reaching $2 billion 995.19 million at the end of the last year. During 2018, the official reserve assets of the National Bank exceeded two new maximum historical milestones at once - $2.9 billion and $3 billion. At the same time, the absolute record of the NBM currency reserves was registered on November 9, 2018 - $3 billion 049.82 million. However, in the second half of December 2018, the NBM currency reserves again dropped below $3 billion, and in early February 2019 - below $2.9 billion. For the last time, NBM currency reserves reaching less than $2.9 billion were registered on June 29, 2018, when they amounted to $2 billion 899.76 million. // 13.02.2019 - InfoMarket

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