The official reserve assets at the end of April came to US$3.750,75 billion, up US$43.07 million on March 31, 2021, when they totaled US$3.707,68 billion, IPN reports, quoting the National Bank of Moldova (NBM).
The rise in the official reserve asserts was determined by the appreciation of the exchange rates of the currencies that form part of the reserve assets against the U.S. dollar, in the amount of US$36.25 million, the registration of budget support disbursed by the World Bank institutions, to the value of 26.46 million, and also by the registration of loans and grants in favor of the Ministry of Finance for investment projects, in the amount of US$17.75 million.
Also, the rise was influenced by the net inflows into the account of the Foreign Assistance Programs Management Office, to the value of US$2.37 million, revenues from the management of the currency reserves of US$0.54 million and other net inflows of US$ 3.77 million.
The decline in the official reserve asserts in the period was influenced by the payments made to service Moldova’s external public debt, totaling US$19.24 million, the net payments related to the mandatory reserves in currency of the licensed banks, to the value of US$9.16 million, interventions in the domestic currency market in the form of currency sales, to the value of US$9 million, the Ministry of Finance’s payments of US$6.58 million and reevaluation of securities maintained in the investment portfolio, in the amount of US$0.09 million.