The official reserve assets at end-November were US$5.159,71 billion, an increase of US$79.38 million from October 31, 2023, when these totaled US$5.080,33 billion, IPN reports, with reference to the National Bank of Moldova.
The rise was influenced by the appreciation of the exchange rates of the currencies that form part of the foreign exchange reserves against the US dollar (US$60.71m) and also from the management of the incomes from the foreign exchange reserves, which came to US$17.63 million, and from the reassessment of securities maintained in the investment portfolio, which totaled US$14.25 million.
The rise also stemmed from the interventions in the domestic currency market in the form of currency purchases of US$5.0 million Also, loans and grants amounting to US$4.68 million were received by the Ministry of Finance for investment projects. The net inflows related to the required foreign currency reserves of licensed banks totaled US$4.38 million. US$3.12 million in budget support, disbursed by the European Investment Bank, was transferred to Ministry of Finance. The net inflows into the accounts of the External Assistance Programs Management Office came to US$0.88 million.
The decrease in the foreign exchange reserves in the period was due to payments made to service Moldova’s foreign debt (US$29.83m) and to the Ministry of Finance’s payments (US$2.04m).
