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


  • Octavian Armașu, Governor of the National Bank of Moldova

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


  • Vladimir Munteanu, First Deputy Governor of the National Bank of Moldova

    2nd Monday of the month: 14.00-17.00;
    Appointment: +373 22 822 606;

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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 April 2022 was 27,07 percent.

According to the latest round of forecast, the average annual inflation rate will reach a level of 27.3 percent in 2022 and 16.5 percent in 2023.

Official exchange rates

  • USD 19.0172
  • EUR 19.8453
  • UAH 0.6495
  • RON 4.0116
  • RUB 0.2984
1 USD = 19.0172 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

05.05.2022 - Today
  • Base rate15.50%
  • Overnight deposits13.50%
  • Overnight credits17.50%

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 ± 2 p.p. to the base rate.

The NBM is carefully monitoring the inflationary process, including the associated factors, risks, and uncertainties, and will adjust its monetary policy instruments in a timely manner to achieve the fundamental objective of ensuring and maintaining price stability.

The Executive Board of the International Monetary Fund (IMF) welcomed the policy measures taken firmly by the National Bank of Moldova to cope with rising inflation.

Calendar of data dissemination

20.05.2022

Banks in the Republic of Moldova

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 Governor of the National Bank of Moldova, Octavian Armașu, participated online in the 8th Research Conference dedicated to the 30th anniversary of the monetary sovereignty of the Republic of North Macedonia.

Discussions mainly focused on the implementation of the program with the International Monetary Fund (IMF), the global economic situation and that of the Republic of Moldova, bilateral cooperation, the effects of the war in Ukraine, the fight against inflation.

According to preliminary data, in 2021, the current account of the balance of payments recorded a deficit of US$ 1 590,13 million, the capital account registered a negative balance amounting to US$ 50,96 million, and the financial account recorded a net capital inflow of US$ 1 602,58 million. The international investment position amounted to US$ -5 660,97 million as of 12/31/2021, while the gross external debt totaled US$ 9 013,73 million.

According to preliminary data, in 2021, the current account of the balance of payments recorded a deficit of US$ 1 590,13 million, the capital account registered a negative balance amounting to US$ 50,96 million, and the financial account recorded a net capital inflow of US$ 1 602,58 million.

According to preliminary data, the international investment position recorded a net debit of US$ -5 660,97 million as of 12/31/2021 (or 41,4% as a ratio to GDP), 4,3% larger as compared to the end of 2020.

Prices of precious metals

  • XAG 12.7419
  • XAU 1115.3472
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...

According to preliminary data, the gross external debt of the Republic of Moldova increased by 6,8% as compared to the end of 2020 and totaled US$ 9 013,73 million as of 12/31/2021, which is 65,9% as a ratio to GDP (-7,3 p.p. as against 12/31/2020).

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