The National Bank of Moldova published data showing that Moldova’s official reserve assets stood at EUR 5,164.12 million on 31 January 2025, down EUR 83.33 million from EUR 5,247.45 million at 31 December 2024. Net foreign assets also declined, to EUR 5,120.50 million from EUR 5,204.20 million. The decrease was mainly driven by net outflows related to licensed banks’ foreign currency required reserves (EUR 73.36 million), external public debt service payments (EUR 35.40 million), foreign exchange selling interventions (EUR 22.40 million), Ministry of Finance payments (EUR 1.35 million), and revaluation of securities held in the investment portfolio (EUR 0.60 million). These movements were partially offset by exchange rate gains versus the euro (EUR 15.21 million), income from reserve management (EUR 15.19 million), an International Monetary Fund Resilience and Sustainability Facility tranche III credit recorded in favour of the Ministry of Finance (EUR 13.58 million, equivalent to SDR 10.78 million), net inflows to accounts of the Office for Management of External Assistance Programs (EUR 1.13 million), credits for investment projects recorded in favour of the Ministry of Finance (EUR 0.81 million), and other net inflows (EUR 3.86 million).
National Bank of Moldova 2025-02-07
National Bank of Moldova reports official reserve assets falling to EUR 5.16bn at end-January 2025
The National Bank of Moldova reported a decline in Moldova’s official reserve assets to EUR 5,164.12 million as of 31 January 2025, down from EUR 5,247.45 million at the end of December 2024. The decrease was primarily due to net outflows related to licensed banks’ foreign currency reserves, external public debt service payments, and foreign exchange interventions, partially offset by exchange rate gains and income from reserve management.