Central bank’s foreign exchange reserves go down

The official foreign exchange reserves of the National Bank of Moldova on January 31, 2015 totaled US$1.958,02 million, a decrease of US$0.198,61 million compared with December 31, 2014, when these came to US$ 1.156,63 million, the central bank says in a communique, quoted by IPN.

The reduction in the official foreign exchange reserves was determined by the interventions on the domestic currency market in the form of currency sales of US$0.114,39 million and the deprecation of the currencies that form part of the foreign exchange reserves against the US dollar, in the amount of US$0.59,82 million.

Among other causes that led to a decrease in the official foreign exchange reserves is the interventions in the form of currency sales involving Banca de Economii, Banca Sociala and Unibank, to the value of 0.23,98 million, and the payments made to settle the foreign debt, in the amount  of US$0.12,32 million.

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