• 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 July 2022 was 33,55 percent.

According to the latest round of forecast, the average annual inflation rate will reach a level of 29.5 percent in 2022 and 15.7 percent in 2023.

Official exchange rates

  • USD 19.2760
  • EUR 19.9217
  • UAH 0.5219
  • RON 4.0611
  • RUB 0.3169
1 USD = 19.276 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

04.08.2022 - Today
  • Base rate21.50%
  • Overnight deposits19.50%
  • Overnight credits23.50%

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.

As of the end of the 2nd quarter of 2022, the offer price for the residential property in Chișinău has continued the increasing trend established since the 1st quarter of 2020. 

Calendar of data dissemination

19.08.2022

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 Executive Board's decision aims at tempering the rapid growth rates of consumer prices, mitigating the secondary effects of supply shocks, stimulating financial intermediation in the national currency and saving against consumption, stabilizing the trade balance, as well as anchoring inflationary expectations.

 

The National Bank of Moldova (NBM) convened the planned meeting of the National Payments Council (NPC) on Cooperation and Innovation in Payment Services and Systems.

The Governor of the National Bank of Moldova, Octavian Armașu, met today with the World Bank’s Country Manager for Moldova, Inguna Dobraja.

In June 2022, the monetary base increased by MDL 2,190.3 million (3.7%) compared to the previous month and constituted MDL 61,937.7 million, being 11.0% higher than in the similar period of the previous year.

In June 2022, the currency in circulation (M0)  amounted to MDL 30,601.8 million, decreasing by MDL 1,096.9 million (4.7%) compared to December 2021

In June 2022, new loans extended  by banks totaled MDL 4,346.1 million , increasing by 9.0% compared to June 2021.

According to preliminary data, in Quarter I, 2022, the current account of the balance of payments recorded a deficit of US$ 532,37 million, the capital account registered a negative balance amounting to US$ 7,01 million, and the financial account recorded a net capital inflow of US$ 601,53 million. As of 03/31/2022, the international investment position amounted to US$ -6 115,29 million, while the gross external debt totaled US$ 8 986,79 million.

Prices of precious metals

  • XAG 12.6643
  • XAU 1111.4997
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, in Quarter I, 2022, the current account of the balance of payments recorded a deficit of US$ 532,37 million, the capital account registered a negative balance amounting to US$ 7,01 million, and the financial account recorded a net capital inflow of US$ 601,53 million.

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