Events and Comments
The National Bank of Moldova raised the base rate applied to key short-term monetary policy operations by another 0.5 percentage points—from 6.5% to 7% per annum
18.06.2026
This decision was adopted by the Executive Board of the National Bank of Moldova (NBM) at its meeting on June 18. It takes effect on the date of adoption. This is the second increase in the base refinancing rate this year. The NBM also raised overnight lending rates by 0.5 percentage points—from 8.5% to 9% per annum—overnight deposit rates from 4.5% to 5% per annum, and repo operation rates from 6.75% to 7.25% per annum. At the same time, the NBM maintained the reserve requirement ratio applicable to funds raised in Moldovan lei (MDL) and non-convertible currencies at 18% of the reserve base,...
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