Infomarket

Publications of the part

Foreign currency reserves of the National Bank of Moldova (NBM) increased in August, compared to the previous month, by $457.27 million (+12.3%), amounting to $4 billion 182.37 million.

Foreign currency reserves of the National Bank of Moldova (NBM) increased in August, compared to the previous month, by $457.27 million (+12.3%), amounting to $4 billion 182.37 million.

According to the NBM, the following factors contributed to the increase of the official reserve assets during the reporting period: budget support from the World Bank - $154.05 million; net interventions in the domestic foreign exchange market in the form of currency purchases - $108.7 million; budget support from the European Commission to the Ministry of Finance - $127.08 million; the first tranche of loans and grants under the new macro-financial assistance program - $50.8 million; net proceeds related to the required reserves of licensed banks in foreign currency - $74.71 million budget support from the French Development Agency - $15.29 million; inflow of loans and grants in favor of the Ministry of Finance for investment projects - $14.73 million; budget support in the form of a loan paid by the European Investment Bank for the railways infrastructure development project in Moldova - $7.92 million; income from foreign currency reserves management - $4.35 million; other net income - $0.35 million. At the same time, during the reporting period, the following factors contributed to the decrease in official reserve assets: decrease in exchange rates of currencies included in foreign exchange reserves against the U.S. dollar - $26.21 million; payments related to servicing the foreign government debt - $15.9 million; payments of the Ministry of Finance - $6.05 million; revaluation of the securities investment portfolio - $0.96 million; net outflow from the External Assistance Program Management Office account - $0.79 million. // 07.09.2022 - InfoMarket

News on the subject

Depreciation of the Ukrainian hryvnia by 20% against the Moldovan leu will lead to a decrease or at least to containment of food prices in our country, but will hit local producers - Veaceslav Ionita.
Depreciation of the Ukrainian hryvnia by 20% against the Moldovan leu will lead to a decrease or at least to containment of food prices in our country, but will hit local producers - Veaceslav Ionita.
The volume of foreign currency transactions in the foreign exchange offices of Moldova in May 2022, compared to the previous month, increased by 9.5% - up to $423.7 million.
The volume of foreign currency transactions in the foreign exchange offices of Moldova in May 2022, compared to the previous month, increased by 9.5% - up to $423.7 million.
In March 2022, the situation on the Moldovan foreign exchange market worsened: it showed a net demand for currency, both from economic agents and from individuals - the NBM.
In March 2022, the situation on the Moldovan foreign exchange market worsened: it showed a net demand for currency, both from economic agents and from individuals - the NBM.
Moldova's foreign currency reserves, after a significant decline, may still be slightly reduced in a short period of time, but in a few months they will quickly recover, thanks to external support - IDIS Viitorul.
Moldova's foreign currency reserves, after a significant decline, may still be slightly reduced in a short period of time, but in a few months they will quickly recover, thanks to external support - IDIS Viitorul.
Foreign exchange reserves of the NBM for the last reporting week decreased by $222.43 million (-5.9%), amounting to $3 billion 569.69 million as of February 25.
Foreign exchange reserves of the NBM for the last reporting week decreased by $222.43 million (-5.9%), amounting to $3 billion 569.69 million as of February 25.
In Moldova, in January 2022, the net demand for currency from legal entities was covered by the net supply from individuals by 50.8% against 78.5% in December 2021.
In Moldova, in January 2022, the net demand for currency from legal entities was covered by the net supply from individuals by 50.8% against 78.5% in December 2021.