The information regarding the consolidated open foreign exchange position on the banking system placed on the official web-side of National Bank of Moldova (NBM) is prepared based on the reports provided by licensed banks according to the provisions of the Regulation on the bank's open foreign exchange position approved by the Decision of the Council of Administration of NBM No. 126 as of November 28, 1997 (the Official Monitor of Republic of Moldova, 1999, No.112 - 114, article 198), with further amendments and additional charges.  
Foreign exchange position – the balances of bank foreign exchange assets and liabilities that generate the risk of obtaining additional revenues or expenditures upon the modification of exchange rates.
The foreign exchange position shall be considered open if foreign exchange assets in a certain foreign currency are not equal to foreign exchange liabilities in the respective foreign currency.
The value of the open foreign exchange position represents the difference between the amount of foreign exchange assets in a certain foreign currency and the amount of foreign exchange liabilities in the respective currency.
The open foreign exchange position is long if the sum of foreign exchange assets in a certain foreign currency exceeds the sum of foreign exchange liabilities in the respective foreign currency.
The open foreign exchange position is short if the sum of foreign exchange liabilities in a certain foreign currency exceeds the sum of foreign exchange assets in the respective foreign currency.
The foreign exchange position ratio represents the percentage ratio between the value of the open foreign exchange position (recalculated in Moldovan lei) and the value of the total regulatory capital of the bank.
In order to diminish the commercial bank's foreign exchange risks, the National Bank of Moldova has set up the following limits for the open foreign exchange position ratios:

a)     the ratio of long open foreign exchange position for each corresponding foreign currency should not exceed "+10%";
b)    the ratio of short open foreign exchange position for each corresponding foreign currency should not be less than "-10%";
c)     the sum of all the ratios of long open foreign exchange position for each corresponding foreign currency should not exceed "+20%";
d)    the sum of all the ratios of short open foreign exchange position for each corresponding foreign currency should not be less than "-20%".

The ratio of the sum of foreign exchange balance-sheet assets and the sum of foreign exchange balance-sheet liabilities in foreign currency shall not exceed ‘+25%” or be less than “-25%”.
The information published monthly on the official NBM web-site includes aggregate data regarding foreign exchange assets and liabilities of the licensed banks, the value of the open foreign exchange position, total regulatory capital, the foreign exchange position ratio. 
Beginning with March 2009 the data regarding foreign exchange assets and liabilities of licensed banks are presented as following:

1) foreign exchange assets, including:
    a)     balance-sheet foreign exchange assets:

• balance-sheet assets in foreign currency – cash, “Nostro” accounts opened abroad, placements abroad of licensed banks, overnight placements and credits, securities, extended credits in foreign currency, required reserves in foreign currency placed with NBM, other balance-sheet assets in foreign currency;
• assets indexed to foreign currency exchange rate – provided indexed credits, other indexed assets;

    b)    off-balance-sheet or contingent assets: forward purchases, and other off-balance-sheet assets.

2) foreign exchange liabilities, including:
    a)     balance-sheet foreign exchange liabilities:

• balance-sheet liabilities in foreign currency – means in “Loro” accounts of foreign banks, foreign currency term deposits of foreign banks, term deposits in foreign currency of clients, various deposits in foreign currency of clients, credits received in foreign currency, other foreign currency liabilities;
• liabilities indexed to foreign currency exchange rate – received indexed credits, other indexed liabilities;

    b)    off-balance-sheet or contingent liabilities: forward sales in foreign currency, and other foreign currency off-balance-sheet liabilities.

The information regarding foreign exchange assets and liabilities comprises the data reflected in absolute value at the end of the month, as a daily average for the reporting month and as weights in the daily average figures.
The information regarding the value of open foreign exchange position is provided in absolute value (in Moldovan Lei) at the end of the month, as a daily average for the reporting month and as weights in the average daily figures for the most frequently traded currencies (US dollar, Euro, Russian Ruble, Romanian Leu) and other foreign currencies.
The open foreign exchange position ratio is provided in percents at the end of the month and as a daily average for the reporting month for the currencies mentioned above.
Open Foreign Exchange Position is published before the last day of each month following the reporting month.