• Calling days and hours of the governing body of the National Bank of Moldova for citizens.

  • Sergiu Cioclea, Governor of the National Bank of Moldova

    1st Monday of the month: 14.00-17.00;
    Appointment: +373 22 822 606;

  • Ion Sturzu, Deputy Governor of the National Bank of Moldova

    4th Monday of the month: 14.00-17.00;
    Appointment: +373 22 822 607.

Please, note the requirements for receiving and examining petitions to the National Bank of Moldova !

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Annual inflation

The annual rate of inflationAnnual inflation rate represents the increase of consumer prices during a month this year compared with the same month last year. It is calculated as a ratio (expressed in percentage terms) between the price index during a month this year and price index during the same month last year, calculated on the same basis, minus 100. Statistical surveys on consumer prices are carried out by the National Bureau of Statistics (NBS). NBM sets its inflation target at the level of 5.0 percent annually, calculated based on the consumer price index (inflation rate for the last twelve months – each month of this year compared with the same month of last year), with a possible deviation of ±1.5 percentage points. (Source: Medium-term monetary policy strategy of the NBM. in September 2017 was 7.6 percent.

According to the latest round of forecast, the average annual inflation rate will reach a level of 6.5 percent in 2017 and 4.4 percent in 2018.

Official exchange rates

  • USD 17.3387
  • EUR 20.5039
  • UAH 0.6544
  • RON 4.4644
  • RUB 0.3011
1 USD = 17.3387 MDL
Sorry, there are no data

There are no any obligations for the National Bank of Moldova to execute banking transactions in the foreign currency using these rates. The official foreign currency rates are fixed and used for accounting purposes only. Read more...

NBM Interest rates

28.08.2017 - Today
  • Base rate7.50%
  • Overnight deposits4.50%
  • Overnight credits10.50%

The base rate is approved as the reference rate for the main short-term monetary policy operations. The deposit and lending facility is part of a symmetrical corridor of ± 3 p.p. to the base rate.

The decision adopted by the Executive Board of the NBM aims to create real monetary conditions able to maintain the inflation within the range of ± 1.5 percentage points from the 5.0 percent target on medium-term.

The Republic of Moldova’s delegation, led by Octavian Armașu, the Minister of Finance and Sergiu Cioclea, the NBM Governor, carried out a visit to Washington to participate in the Annual Meetings of the International Monetary Fund (the IMF) and the World Bank Group that took place on 10-15 October 2017.

The non-cash foreign exchange market of the Republic of Moldova is determined by the turnover of purchase/sale transactions of the foreign currency that have taken place on different segments of the market, except those performed by the National Bank of Moldova.

Calendar of data dissemination

25.10.2017

Licenced banks of the RM

Licensed banks operate in the market freely and independently from the NBM, the Government and other government authorities. The NBM licenses, supervises and regulates their activity.

The activity of the National Bank of Moldova on the foreign exchange market (foreign exchange interventions) is performed in strict compliance with the monetary and foreign exchange policy objectives.

The Executive Board of the National Bank of Moldova (the NBM) has decided to impose penalties under the form of a fine to the members of the Board of Directors of B.C. “VICTORIABANK” S.A. holding office during the period subject to control.

The Parliament has passed today the Law on banking activity in final reading, which will modernize the regulation and supervision standards in the banking system.

Payment institutions / postal operators licensed by National Bank for activity of providing payment services.

Electronic money institution licensed by National Bank.

The management of the National Bank of Moldova (the NBM) met with the representatives of the National Confederation of Employers of the Republic of Moldova (the NCEM) on 2 October 2017.

Nils Oeyvind Maehle, a Senior Economist with the IMF Monetary and Capital Markets Department, payed a working visit to the National Bank of Moldova (NBM) on September 28-29, 2017.

Prices of precious metals

  • XAU 715.4341
  • XAG 9.4906
Sorry, there are no prices.

The prices for gold and silver are prices expressed in Moldovan Leu for a gram of fine gold and for a gram of fine silver. More...

In January-June 2017, the current account of the balance of payments recorded a deficit of US$ 307.22 million (of which US$ 187.17 in quarter II 2017), which worsened by 77.8 percent as compared to January-June 2016. The capital account registered a deficit of US$ 13.16 million (of which US$ 6.47 million in quarter II 2017) and the financial account recorded a net capital inflow of US$ 162.76 million (of which US$ 111.48 million in quarter II 2017). The international investment position of the Republic of Moldova remained net debit, totaling US$ -3,958.60 million at the end of the quarter II 2017, while the gross external debt of the Republic of Moldova reached US$ 6,549.23 million.

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