Events and Comments
The National Bank of Moldova has raised the base rate applied to the main short-term monetary policy operations by 1.5 percentage points—from 5% to 6.5% per annum
07.05.2026
The Executive Board of the National Bank of Moldova (NBM) adopted this decision at its meeting on May 7. It takes effect on the date of adoption. This is the first increase in the base refinancing rate this year. The NBM also raised overnight lending rates by 1.5 percentage points—from 7% to 8.5% per annum, overnight deposit rates—from 3% to 4.5% per annum, and repo operation rates—from 5.25% to 6.75% per annum. At the same time, the NBM maintained the reserve requirement ratio applicable to funds raised in Moldovan lei and non-convertible currency at 18% of the calculation base, and the...
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