The foreign currency reserves of the National Bank of Moldova in December 2019, increased, compared with the previous month, by $ 4.09 million (+ 0.1%), amounting to $ 3 billion 059.63 million as of December 31.

The foreign currency reserves of the National Bank of Moldova in December 2019, increased, compared with the previous month, by $ 4.09 million (+ 0.1%), amounting to $ 3 billion 059.63 million as of December 31.

This was announced by the National Bank, recalling that at the end of November 2019 they amounted to $ 3 billion 055.54 million. According to the NBM, in December, the growth of official reserve assets was facilitated by the following factors: an increase in the exchange rates of currencies included in foreign exchange reserves relative to the US dollar: $ 17.1 million; obtaining by the Ministry of Finance of loans and grants for the implementation of investment projects: $ 4.72 million; profit from the management of foreign currency reserves: $ 3.75 million; Net proceeds in favor of the Credit Line Directorate: $ 0.49 million; other net revenues: $ 0.49 million. At the same time, the following factors contributed to the decrease in official reserve assets: payments by the Ministry of Finance: $ 18.13 million; net payments related to mandatory reserves of licensed banks in foreign currency: $ 2.09 million; payments related to servicing Moldova's external public debt: $ 1.96 million; revaluation of investment portfolio securities: $ 0.28 million//10.01.2020 — InfoMarket.

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