As of the end of February, Moldova’s official reserve assets constituted $5.39 billion, down by $6.86 million compared to January 31.
The National Bank attributes the decrease to payments towards the external public debt of $20.84 million dollars. Payments to the Ministry of Finance represented $15.56 million, and the revaluation of securities held in the investment portfolio constituted $11.48 million.
The decrease in assets was also due to the net outflows related to the mandatory reserves in foreign currency of the licensed banks in the amount of $4.38 million, but also by the depreciation of the exchange rates of the component currencies of the foreign reserves in relation to the US dollar – $4.12 million.
At the same time, during the reporting period, the official reserve assets had incoming payments as well. This included $28.3 million in loans received by the Ministry of Finance for investment projects, $16.6 million in income from the administration of foreign exchange reserves, and $4.22 million in net receipts in the accounts of the Office of Management of Foreign Assistance Programs. Other net inflows represented $0.4 million.
