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Schedule of reception of citizens by the Executive Board of the National Bank of Moldova.
The registration of applicants for an audience is carried out based on a written request on the subject addressed.
Anca Dragu, Governor
1st Wednesday of the month: 14.00-16.00.
Petru Rotaru, First Deputy Governor
2nd Wednesday of the month: 14.00-16.00.
Tatiana Ivanicichina, Deputy Governor
3rd Wednesday of the month: 14.00-16.00.
Constantin Șchendra, Deputy Governor
4th Wednesday of the month: 14.00-16.00.
Mihnea Constantinescu, Deputy Governor
5th Wednesday of the month: 14.00-16.00.
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National Bank and the members of its decision-making bodies shall be independent in exercising the tasks conferred upon them by law, and shall neither seek nor take instructions from public authorities or from any other authority.
In order to ensure and maintain price stability over the medium term, the National Bank’s aim will be to keep inflation (measured by Consumer Price Index) at the level of 5.0 percent annually with a possible deviation of ± 1.5 percentage points, considered to be optimal for growth and development of Moldova's economy over the medium-term.
Financial stability is achieved by strengthening the resilience of the financial system, limiting the contagion effect and reducing the accumulation of systemic risks, thus contributing to the sustainability of the financial sector and economic growth.
National Bank shall have the exclusive right to issue on the territory of the Republic of Moldova banknotes and coins as legal tender, as well as commemorative and jubilee banknotes and coins as legal tender and for numismatic purposes.
National Bank is exclusively responsible for the licencing, supervision and regulation of financial institutions activity.
National Bank of Moldova acts as banker and fiscal agent of the State and shall receive from state bodies economic and financial information and documents, which are necessary for carrying out its tasks.
National Bank of Moldova is an autonomous public legal entity and is responsible to the Parliament.
National Bank shall inform the public on the monetary policy strategy on the results of the macroeconomic analysis, the evolution of the financial market and on statistics, including with regard to monetary supply, crediting, balance of payments and the state of the foreign exchange market.
National Bank of Moldova is responsable for the compilation of the balance of payments, international investment position and the statistics of the external debt of the Republic of Moldova.
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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.
According to the current projection, the annual average CPI inflation rate will record an upward trend until the third quarter of 2017, after which it will decrease and hover close to the target.
In December 2016, the total amount of net money transfers from abroad made in favour of individuals via licensed banks of the Republic of Moldova amounted to US$ 93.97 million (down by 3.2% as against December 2015).
The decision is aimed at maintaining the inflation rate close to the target of 5.0 percent over the medium-term, with a possible deviation of ± 1.5 percentage points.
During 2016, the NBM carried out quality assessments of the banks' shareholding and applied some remedial measures on large banks to ensure a transparent ownership structure. Thus, the assets recorded an increase and the banks became more resistant, being capitalised with a high liquidity level.
In Q III 2016, the current account of the balance of payments recorded a deficit of US$ 97.16 million (down by 17.0% as compared to Q III 2015), the capital account registered a negative balance of US$ 17.42 million and the financial account recorded a net inflow of US$ 68.93 million. The international investment position remained net debit totaling US$ -5,956.69 million, while the gross external debt reached US$ 6,510.49 million..
The gross external debt of the Republic of Moldova recorded US$ 6,510.49 million as of 30.09.2016, increasing by 2.6% during Q III 2016.
The international investment position of the Republic of Moldova recorded a net debit amounting to US$ 5,956.69 million as of 30.09.2016, which is 7.3% larger as compared to the end of 2015.
In Q III 2016, the current account of the balance of payments recorded a deficit of US$ 97.16 million (down by 17.0% as compared to Q III 2015), the capital account registered a negative balance of US$ 17.42 million and the financial account recorded a net inflow of US$ 68.93 million.
In December 2016, monetary base increased by MDL 94.3 million (0.3 percent) compared to November 2016 and accounted for MDL 33276.5 million
Weighted average interest rate on new loans in national currency granted in December 2016 was 11.74 percent, decreasing by 3.84 percentage points compared to the same period of last year.
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.
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.
During 01.01.2016 - 31.12.2016, National Bank conducted a total of 595 inspections at foreign exchange entities to verify their compliance with the legislation in force.
The project will reduce administrative costs incurred by the third parties (licensed banks, electronic money issuers, foreign exchange entities etc.) related to the aforementioned processes and will contribute to their transparency.
As from 30 December 2016, the National Bank of Moldova issued into circulation six commemorative coins as legal tender and for numismatic purposes.
In 2015, the current account of the balance of payments of the Republic of Moldova recorded a deficit amounting to USD 414.84 million, the capital account recorded a surplus of USD 22.88 million, and the financial account recorded a net capital inflow amounting to USD 391.96 million. The international investment position remained net debit and amounted to USD -5,654.17 million, while the external debt reached USD 6,345.43 million.
Commemorative coin from the series "The sanctuaries", in circulation since 30 December 2016.
Commemorative coin from the series "Personalities", in circulation since 30 December, 2016.
Commemorative coin from the series "Personalities", in circulation since 30 December 2016.
Commemorative coin from the series "Historical Events", in circulation since 30 December 2016.
Commemorative coin from the series "Holydays, culture, traditions of Moldova ", in circulation since 30 December 2016.
Commemorative coin from the series "Red Book of the Republic of Moldova”, in circulation since 30 December 2016.
In November 2016, the total amount of net money transfers from abroad made in favour of individuals via licensed banks of the Republic of Moldova amounted to US$ 91.51 million (increasing by 0.9% as against November 2015).
The base rate applied on main short-term monetary policy operations is maintained at the current level of 9.0 percent annually.
In November 2016, monetary base decreased by MDL 40.3 million (0.1 percent) compared to October 2016 and accounted for MDL 33182.2 million.
Weighted average interest rate on new loans in national currency granted in November 2016 was 12.56 percent, decreasing by 3.11 percentage points compared to the same period of last year.
1 Grigore Vieru Avenue,
MD-2005, Chisinau, Republic of Moldova.
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