logo

NBM promises to monitor economic developments in order to avoid price increases


https://www.ipn.md/index.php/en/nbm-promises-to-monitor-economic-developments-in-order-to-avoid-7966_1107422.html

The National Bank of Moldova (NBM) has announced constant rates and the maintenance of monetary policy instruments at the current level, IPN reports.

The base rate remained at the level of 3.60% annually. The interest rates on overnight loans and deposits, repo operations, as well as the required reserve ratios were also maintained. The decision was taken by the Executive Board of the NBM on Thursday.

Also, the validity of the inflation forecast, included in the August report, was confirmed. The central bank noted that it will continue to monitor domestic and external economic developments in order to ensure price stability.