• Calling days and hours of the governing body of the National Bank of Moldova for citizens.

  • Sergiu Cioclea, Governor of the National Bank of Moldova

    1st Monday of the month: 14.00-17.00;
    Appointment: +373 22 822 606;

  • Ion Sturzu, Deputy Governor of the National Bank of Moldova

    4th Monday of the month: 14.00-17.00;
    Appointment: +373 22 822 607.

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Annual inflation

The annual rate of inflationAnnual inflation rate represents the increase of consumer prices during a month this year compared with the same month last year. It is calculated as a ratio (expressed in percentage terms) between the price index during a month this year and price index during the same month last year, calculated on the same basis, minus 100. Statistical surveys on consumer prices are carried out by the National Bureau of Statistics (NBS). NBM sets its inflation target at the level of 5.0 percent annually, calculated based on the consumer price index (inflation rate for the last twelve months – each month of this year compared with the same month of last year), with a possible deviation of ±1.5 percentage points. (Source: Medium-term monetary policy strategy of the NBM. in July 2017 was 7.3 percent.

According to the latest round of forecast, the average annual inflation rate will reach a level of 6.5 percent in 2017 and 4.4 percent in 2018.

Official exchange rates

  • USD 17.8591
  • EUR 20.9791
  • UAH 0.6991
  • RON 4.5722
  • RUB 0.3007
1 USD = 17.8591 MDL
Sorry, there are no data

There are no any obligations for the National Bank of Moldova to execute banking transactions in the foreign currency using these rates. The official foreign currency rates are fixed and used for accounting purposes only. Read more...

NBM Interest rates

28.06.2017 - Today
  • Base rate8.00%
  • Overnight deposits5.00%
  • Overnight credits11.00%

The base rate is approved as the reference rate for the main short-term monetary policy operations. The deposit and lending facility is part of a symmetrical corridor of ± 3 p.p. to the base rate.

The decision aims at creating real monetary conditions able to reduce the inflation within the range of ± 1.5 percentage points from the 5.0 percent target on medium-term.

The annual inflation rate will also continue to record a higher level in the third quarter of 2017, after which it will fall rapidly to the lower limit of the target range.

The non-cash foreign exchange market of the Republic of Moldova is determined by the turnover of purchase/sale transactions of the foreign currency that have taken place on different segments of the market, except those performed by the National Bank of Moldova.

Calendar of data dissemination

21.08.2017

Licenced banks of the RM

Licensed banks operate in the market freely and independently from the NBM, the Government and other government authorities. The NBM licenses, supervises and regulates their activity.

The activity of the National Bank of Moldova on the foreign exchange market (foreign exchange interventions) is performed in strict compliance with the monetary and foreign exchange policy objectives.

In July 2017, annual inflation rate was 7.3 percent, being similar to that of the previous month and in line with the NBM last forecast.

In the second quarter of 2017, the total amount of money transfers from abroad made in favour of individuals of the Republic of Moldova amounted to USD 299.91 million.

Representatives from Kroll and Steptoe & Johnson met with representatives of the NBM, the Anticorruption Prosecutor's Office, the Anticorruption Centre and the Agency for the Recovery of Criminal Assets in Chisinau on 20 July 2017.

In June 2017, the total amount of net money transfers from abroad made in favour of individuals via licensed banks of the Republic of Moldova amounted to US$ 108.33 million (increasing by  10.5% as against June 2016).

Weighted average interest rate on new loans in national currency granted in June 2017 was 10.03 percent, decreasing by 4.12 percentage points compared to the same period last year.

In June 2017, monetary base increased by MDL 1425.5 million (4.1 percent) compared to the previous month and accounted for MDL 35892.0 million.

Prices of precious metals

  • XAU 743.7110
  • XAG 9.8472
Sorry, there are no prices.

The prices for gold and silver are prices expressed in Moldovan Leu for a gram of fine gold and for a gram of fine silver. More...

The Automated Interbank Payment System (AIPS) is composed of Real-Time Gross Settlement and the Designated-time Net Settlement system.

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