The official foreign exchange reserves at the end of June totaled US$3.193,55 billion, an increase of US$57.33 million compared with the end of May, when they came to US$3.136,22 billion, IPN reports, quoting the National Bank of Moldova.
According to the NBM, the rise in the official foreign exchange reserves stemmed from the purchases of currency from the domestic currency market totaling US$37 million, appreciation of the exchange rates of the currencies that form part of the foreign exchange reserves against the U.S. dollar in the amount of US$ 19.71 million and registration of loans and grants of US$14.19 million in favor of the Ministry of Finance of Moldova for investment projects.
In the period, the diminution of the official foreign exchange reserves was determined by the Ministry of Finance’s payments of US$8.58 million, payments related to the servicing of Moldova’s external public debt of US$ 7.47 million, reassessment of the securities held in investment portfolios in the amount of US$ 1.08 million, etc.
