A higher country rating is essential for investors to consider the opportunities offered by the Moldovan economy. There is already more interest in investments in the Republic of Moldova, especially for Romanian companies that want to expand their activity across the Prut, stated Anca Dragu, governor of the National Bank of Moldova, during the third edition of the “Financial-Banking Market” conference in Bucharest.
During the event, the governor spoke about Moldova’s investment potential and about opportunities for the development of the capital market and the expansion of collaboration between the Single Central Depository and the Bucharest Stock Exchange (BVB).
The governor emphasized that Moldova enjoys a favorable macroeconomic context, and the contribution of the National Bank of Moldova to the establishment of this positive dynamic is confirmed by achieving the primary objective, that of maintaining price stability. “We have a declining annual inflation rate. In April 2024, the annual inflation rate reached 3.51 percent. This made it possible to adjust the monetary policy interest rate to 3.60%, which significantly contributes to the increase of investment appetite in the Republic of Moldova, creating the framework necessary to boost economic growth”, said Dragu.
She added that there are discussions with the Bucharest Stock Exchange to develop the Chisinau capital market, including through dual listings. “The BVB already has a say in the European market and dual listings are welcome to burn some stages. The road is long, and we still have a few stages to go, including the adjustment of the legal framework to allow the connection with the BVB”, said Anca Dragu.
The conference brought together representatives of the financial-banking sector, regulatory authorities of the Romanian and Moldovan financial markets, and government officials.
