Finances

NBM HARD-CURRENCY RESERVE FELL ALMOST US$6 MILLION IN APRIL

08 may, 2018

The official reserve of the National Bank of Moldova accounted for US$2,869 million as of the end of April. Over a month, the reserve fell by US$5.89 million.

According to the NBM data, this was due to Moldova's external debt payments - US$16.81 million; decline in the reserve currency exchange rate against the US dollar - US$7.02 million; net expenditures concerning mandatory bank reserve in foreign currency - US$4.61 million; Ministry of Finance payments - US$2.05 million.

At the same time, the growth was due to conducting of interventions in the currency market in the form of currency buying - US$11.04 million and conducting of foreign swap transactions - US$4 million; revenues from hard-currency reserve administration - US$3.5 million; net revenues to the credit line directorate - US$2.92 million; getting by the MoF of credits, loans and grants for implementing investment projects - US$2.56 million.

Infotag's dossier: As of the end of April 2017, the NBM currency reserve was US$2,291 million. It reached its historical maximum was registered on January 31, 2018 - US$2,903 million. In late 2017 it was US$2,803 million, in 2016 - US$2,206 million, in 2015 - US$1,756 million, in 2014 - US$2,156 million. In 2013 it was US$2,827 million, in 2012 - US$2,515 million, in 2011 - US$1,965 million, in 2010 - US$1,717 million.

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