The National Bank of Moldova published updated data showing official reserve assets of USD 5,483.57 million as of 31 December 2024, an increase of USD 202.55 million from 29 November 2024. Net foreign assets stood at USD 5,438.37 million, up USD 205.01 million over the same period. The rise in reserves was driven mainly by IMF disbursements credited to Moldova’s Ministry of Finance under the Extended Credit Facility and Extended Fund Facility (tranche VIII) and the Resilience and Sustainability Facility (tranche II) totalling USD 146.03 million (SDR 111.38 million equivalent), and budget support of USD 141.89 million including funding from Canada (USD 56.35 million), the European Commission (USD 55.31 million, EUR 52.73 million equivalent), the French Development Agency (USD 26.31 million, EUR 25.0 million equivalent), the European Investment Bank (USD 3.45 million, EUR 3.27 million equivalent) and Latvia and the Czech Republic (USD 0.47 million, EUR 0.45 million equivalent). Other positive contributors included income from reserve management (USD 16.55 million), investment project loans (USD 9.74 million), net domestic FX swap operations (USD 2.72 million), net inflows to external assistance programme accounts (USD 2.67 million) and other net inflows (USD 0.87 million), partly offset by FX sale interventions (USD 55.90 million), adverse exchange-rate movements (USD 21.85 million), external public debt service payments (USD 21.50 million), net outflows linked to banks’ foreign-currency required reserves (USD 13.10 million), Ministry of Finance payments (USD 5.29 million) and securities revaluation (USD 0.28 million). Cumulatively from end-2023, official reserve assets increased by USD 30.43 million and net foreign assets by USD 42.25 million.
National Bank of Moldova 2025-01-09
National Bank of Moldova reports official reserves rose to USD 5.48bn at end-December 2024
The National Bank of Moldova reported official reserve assets of USD 5,483.57 million as of 31 December 2024, marking a USD 202.55 million increase since 29 November 2024. This rise was driven by IMF disbursements and budget support from international entities, despite offsets from FX sale interventions and adverse exchange-rate movements. Cumulatively from end-2023, official reserve assets rose by USD 30.43 million, with net foreign assets increasing by USD 42.25 million.