The official reserve assets of the National Bank of Moldova (NBM) on December 30 were US$4.474,17 billion, an increase of US$199.72 million compared with November 30, 2022, when these added up to US$4.274,45 billion, IPN reports.
According to the NBM, the increase in the official reserve assets was due to the interventions on the domestic currency market in the form of currency purchases totaling US$75.4 million. Also, the Ministry of Finance received the US$63.89 million loan provided by the French Development Agency for modernizing the energy and railways systems in budget support.
The increase was also influenced by the US$43.76 million in grant funding offered by the International Bank for Reconstruction and Development in budget support within the Moldova Emergency Response, Resilience and Competitiveness Development Policy Operation.
At the same time, the decline in the official reserve assets in the period was determined by the payments made to service the external public debt of the Republic of Moldova (US$14.95 million), the payments made by the Ministry of Finance (US$15.99 million) and the net result of currency swaps on the domestic market (US$ 15.87 million).
