The foreign exchange reserves of the National Bank of Moldova came to US$3.6 billion on March 4, down US$75 million from the end of February, IPN reports, with reference to the National Bank of Moldova.
The central bank’s data show that US$2 billion of the official foreign exchange reserves is invested in securities. The deposits add up to US$1.4 billion. In foreign banks, the National Bank of Moldova has US$636.8 million.
The value of the monetary gold of the central bank was US$4.5 million.
In October 2021, the foreign exchange reserves hit a record high of US$4.08 billion.
The official reserve assets (identical with international gross reserves) are assets available at any time and managed by the National Bank of Moldova with the purpose of direct financing of the balance of payments imbalances, for indirect adjustment of balance of payments disequilibrium through interventions on foreign exchange market with the purpose of implementation of monetary and foreign exchange policy of the National Bank of Moldova, as well as with other purposes. Other foreign currency assets are those currency assets that belong to the National Bank of Moldova and are not part of the official reserve assets, and foreign currency assets held by the Government of the Republic of Moldova.
