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 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

In April 2016, consumer prices index (CPI) for the last 12 months constituted 8.3 percent, decreasing by 1.1 percentage points versus the previous month, continuing to exceed the upper limit of the range of variation of ± 1.5 percentage points from 5.0 percent inflation target.

The annual average CPI inflation will record a downward trend until the end of 2016, being followed by a stabilization around the target of 5% annually. On average, this will reach the level of 7.0 percent in 2016 and 4.8 percent in 2017.

In March 2016, the total amount of net money transfers from abroad made in favour of individuals via authorized banks of the Republic of Moldova amounted to US$ 92.13 million (down by 2.2% as against March 2015).

The base rate applied on main short-term monetary policy operations decreased by 2.0 percentage points from 17.0 to 15.0 percent annually.

During the reporting year, the economy of the Republic of Moldova recorded a decline of 0.5 percent, the annual dynamics was by 5.1 percentage points lower than in 2014.

The annual budgeted expenditure of the National Bank of Moldova for 2016 was approved in the amount of MDL 209.52 million, being executed in the amount of MDL 177.93 million.

During the first quarter I of 2016, the capital increased due to recording a higher profit in the analysed period. At the same time, lending activity recorded a slowdown, while the banking sector remained to be vulnerable and dependant on the internal and external environment.

The third meeting of the Steering Committee of Twinning Project on strengthening the National Bank of Moldova's capacity in the field of banking regulation and supervision in the context of EU requirements took place on 22 April 2016.

Weighted average interest rate on new loans in national currency granted in March 2016 was 15.53 percent, increasing by 2.04 percentage points compared to the same period last year.

In March 2016, monetary base decreased by MDL 293.3 million (1.0 percent) compared to February 2016 and accounted for MDL 28543.3 million.

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 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 gross external debt of the Republic of Moldova reached US$ 6,338.39 million at the end of 2015, down by 3.5 percent as compared to the end of 2014.

The international investment position of the Republic of Moldova recorded a net debit of US$ -5,713.43 million as of 31.12.2015, increasing 2.1 percent compared to the end of 2014.

According to preliminary data, in 2015, the current account of the balance of payments recorded a deficit of US$ 464.24 million (decreasing with 17.7 percent compared to 2014), the capital account registered a surplus of US$ 22.83 million and the financial account recorded net inflows of US$ 473.18 million. 

According to preliminary data, in 2015, the current account of the balance of payments recorded a deficit of US$ 464.24 million (down by 17.7 percent as compared to 2014), the capital account registered a surplus of US$ 22.83 million and the financial account recorded a net inflow of US$ 473.18 million. The international investment position of the Republic of Moldova remained net debit totaling US$ -5,713.43 million at the end of 2015, while the gross external debt of the Republic of Moldova reached US$ 6,338.39 million.

Net loss /profit: (300,515) thousand MDL;
Comprehensive result: (291,259) thousand MDL;
(Total loss) /profit available for distribution: (38,038) thousand MDL.

Total assets: 55,454,640 thousand MDL;
Total liabilities: 45,456,863 thousand MDL;
Total capital and reserves, total loss and revaluation differences: 9,997,777 thousand MDL.

In March 2016, consumer prices index (CPI) for the last 12 months constituted 9.4 percent, decreasing by 0.9 percentage points versus the previous month, continuing to exceed the upper limit of the range of variation of ± 1.5 percentage points from 5.0 percent inflation target.

Total assets: 54,146,612 thousand MDL;
Total liabilities: 43,857,576 thousand MDL;
Total capital and reserves: 10,289,036 thousand MDL.