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Monetary Policy

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În luna iulie 2020, creditele noi acordate au constituit 3 245,2 milioane lei, în creștere cu 13,8 la sută  față de luna iulie 2019.

В июле  2020 вновь выданные кредиты составили 3 245,2 миллиона леев, на 13,8% выше по сравнению с июлем 2019.

В июле 2020  денежная база увеличилась на  1 250,2 миллиона леев (2,7%) по сравнению с предыдущим месяцем и составила 47 170,3 миллиона леев, на 3,3% выше по сравнению с июлем 2019.

În luna iulie 2020, baza monetară s-a majorat cu 1 250,2 milioane lei (2,7 la sută) față de luna precedentă și a constituit 47 170,3 milioane lei, fiind cu 3,3 la sută mai mare față de iulie 2019.

In July 2020, new loans extended by banks totalled MDL 3,245.2 million, an increase of 13.8%, compared to July 2019.

In July 2020, the monetary base increased by MDL 1,250.2 million (2.7%) compared to the previous month and constituted MDL 47,170.3 million, which constitutes 3.3 % more than in July 2019.

The annual inflation rate will be relatively stable throughout the forecast period. Being in the lower half of the variation range, it will reach the target only in the middle of 2022.

Rata anuală a inflației va fi relativ stabilă pe toată perioada de prognoză. Aflându-se în jumătatea de jos a intervalului de variație, va atinge ținta abia la mijlocul anului 2022.

Годовой уровень инфляции будет относительно стабильным на протяжении всего периода прогноза. Находясь в нижней половине диапазона вариации, он достигнет цели только в середине 2022 года.

The NBM is continuously monitoring the macroeconomic situation caused by the pandemic and, in due course, without compromising its fundamental objective of ensuring price stability, will come up with the necessary measures to maintain a sufficient liquidity level for licensed banks, in support of a sustainable and stable banking system. 

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