NBM KEEPS MONETARY POLICY INSTRUMENT RATES UNCHANGED

The National Bank of Moldova Administrative Board decided on Thursday to preserve the base rate on short term transactions at the level of 6.5%, the rate on overnight deposits was preserved at 3.5%, overnight credits – 9.5%. The required reserve ration from funds attracted in the national currency and in nonconvertible currencies was also left at 40%, while in hard currency – at 14%. The next Administrative Board meeting on monetary policy will take place on April 26.