The foreign exchange reserves of the National Bank of Moldova (NBM) in December 2020 increased by $103.07 million (+ 2.8%), amounting to $3 billion 783.54 million as of December 31, 2020.

The foreign exchange reserves of the National Bank of Moldova (NBM) in December 2020 increased by $103.07 million (+ 2.8%), amounting to $3 billion 783.54 million as of December 31, 2020.

The National Bank of Moldova noted that, in the reporting period, the following factors contributed to the increase in the official reserve assets of the NBM: the loans and grants received by Ministry of Finance for the implementation of investment projects: $59.28 million, including $49.95 million (equivalent to 40.83 million euros) from the European Investment Bank and $3.82 million from the International Development Association for projects to support programs in the road sector and $3.65 million (equivalent to 3 million euros) from the International Development Association for projects in the emergency response to COVID-19; interventions in the domestic foreign exchange market in the form of foreign exchange purchases: $41 million; increase in exchange rates of currencies included in foreign exchange reserves against the US dollar: $34.53 million; receipt by the Ministry of Finance of the second tranche of the loan allocated by the European Commission on behalf of the EU under the new macro-financial assistance program: $6.13 million (equivalent to 5 million euros); net proceeds to the Office of Foreign Aid Programs Management: $1.81 million; profit from managing foreign exchange reserves: $0.76 million; other net receipts: $0.36 million. At the same time, during the reporting period, the following factors influenced the decrease in the official reserve assets: payments by the Ministry of Finance: $26.76 million; payments related to servicing the external public debt: $9.44 million; net payments attributable to required foreign currency reserves of licensed banks: $4.15 million; revaluation of investment portfolio securities: $0.45 million // 12.01.2021 - InfoMarket.