The foreign currency reserves of the National Bank of Moldova again exceeded the $ 2.9 billion threshold, for the first time since the end of January 2019

The foreign currency reserves of the National Bank of Moldova again exceeded the $ 2.9 billion threshold, for the first time since the end of January 2019

In particular, as of April 26, they amounted to $ 2 billion 904.97 million, an increase of $ 37.74 million (+ 1.3%) compared to the previous reporting week, as of April 19 their volume was $ 2 billion 867.23 million. In general, since the beginning of the year, the official reserve assets of the NBM have decreased by $ 90.22 million (-3%). It should be noted that the last time the official reserve assets of the NBM in the amount of over $ 2.9 billion were registered on January 31, when they amounted to $ 2 billion 908.55 million. As InfoMarket reported earlier, the foreign currency reserves of the National Bank of Moldova at the end of February this year since mid-January last year, dropped below $ 2.8 billion, and then their decline since the beginning of 2019 exceeded growth for the whole of 2018. In particular, the currency reserves of the National Bank of Moldova in 2018 increased by $ 191.93 million ( + 6.8%), reaching $ 2 billion 995.19 million at the end of last year. In 2018, the official reserve assets of the National Bank immediately exceeded two new maximum historical milestones - $ 2.9 billion and $ 3 billion. Herewith, the absolute record of the NBM currency reserves was registered on November 9, 2018, when they amounted to $ 3 billion 049.82 million. However, in the second half of December 2018, the NBM currency reserves again fell below the level of $ 3 billion, at the beginning of February 2019 - below $ 2.9 billion, and at the end of February 2019 - below $ 2.8 billion. On March 7 of this year the NBM foreign exchange reserves amounted to $ 2 billion 776.83 million, which was the lowest since December 2017. However, in mid-March, the National Bank’s foreign currency reserves again exceeded the $ 2.8 billion threshold and continued to grow, and in late April again exceeded $ 2.9 billion// 03.05.2019 - InfoMarket.

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