Tag: monetary policy
Loans Could Get Cheaper: National Bank of Moldova Slashes Base Rate to 6.25%
The National Bank of Moldova (NBM) lowered the monetary policy interest rate today by 0.25 percentage points—from 6.5% to 6.25% annually—and ended its period of restrictive banking strategies.This decision follows six months...
BNM bought millions of dollars from the market to keep the leu stable
As of July 29, 2022, official reserve assets amounted to US$3.725 billion, up by US$108.71 million compared to June 30, 2022, when they amounted to US$3,616.39 million, National Bank data show of...
When will the monetary policy be relaxed, according to Octavian Armașu
The interest rate will be reduced depending on how the conditions will evolve, how the inflation rate will be. If the trend will be a sustainable one, Moldova is going to move...