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.

In May 2015, monetary base increased by MDL 1007.5 million (4.1 percent) compared to April 2015 and accounted for MDL 25735.8 million.

In quarter I 2015 the current account deficit of the balance of payments decreased by 5.0% as against the same period of the previous year and amounted to US$ 154.06 million.

The gross external debt of the Republic of Moldova reached US$ 6,341.41 million as at the end of Quarter I 2015.

The international investment position of the Republic of Moldova recorded a net debit of US$ 5,586.91 million as of 03/31/2015.

In quarter I 2015, the current account of the balance of payments recorded a deficit of US$ 154.06  million. The capital account recorded a deficit of US$ 4.52 million.

The base rate applied on main short-term monetary policy operations, increased by 1.0 percentage points, from the level of 14.5 to 15.5 percent annually.

In January-May 2015, the total amount of money transfers from abroad made in favour of individuals of the Republic of Moldova amounted to US$ 437.82 million.

Weighted average interest rate on new loans in national currency granted in May 2015 was 13.85 percent, increasing by 2.64 percentage points compared to the same period last year.

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

According to the data published by the National Bureau of Statistics (NBS), in May 2015, the consumer prices index (CPI) for the last 12 months constituted 8.1 percent, increasing by 0.5 percentage points compared to the previous month and continued to exceed the upper limit of the range of variation of ± 1.5 percentage points from the 5.0 percent target.

The base rate applied on main short-term monetary policy operations,  increased by 1.0 percentage points, from 13.5 to 14.5 percent annually.

Weighted average interest rate on new loans in national currency granted in April 2015 was 13.66 percent, increasing by 2.17 percentage points compared to the same period last year.

In April 2015, monetary base  increased by MDL 106.2 million (0.4 percent) compared to March 2015 and accounted for MDL 24728.4 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.

In April 2015, the consumer prices index (CPI) for the last 12 months constituted 7.6 percent, increasing by 0.5 percentage points compared to the previous month and for the second month, after a period of three years, exceeded the upper limit of the range of variation of ± 1.5 percentage points from the 5.0 percent target.

In the first quarter of 2015, the annual rate of inflation was 6.1 percent, by 1.3 percentage points higher than the previous quarter.

Mainatining the base rate applied on main short-term monetary policy operations at the current level of 13.5 percent annually.