The National Bank of Moldova published monthly data showing official reserve assets of EUR 5,141.43 million at 31 October 2025, down EUR 22.26 million from EUR 5,163.69 million at end-September. Net foreign assets declined to EUR 5,108.66 million from EUR 5,130.50 million, a decrease of EUR 21.84 million over October, leaving official reserve assets and net foreign assets down EUR 106.02 million and EUR 95.54 million respectively since end-2024. The monthly fall in reserves reflected foreign exchange sales interventions (EUR 33.00 million) and external public debt service payments (EUR 25.72 million), alongside net outflows linked to licensed banks’ required reserves in foreign currency (EUR 4.37 million) and payments by the Ministry of Finance (EUR 2.23 million). Smaller negative contributions came from the revaluation of securities held in the investment portfolio (EUR 0.53 million) and the net result of domestic foreign exchange swap operations (EUR 0.24 million). These outflows were partly offset by exchange rate gains on reserve currencies against the euro (EUR 22.58 million), income from reserve management (EUR 12.87 million), and inflows for the Ministry of Finance in the form of loans and grants for investment projects (EUR 4.13 million), as well as net inflows from external assistance programme accounts (EUR 1.40 million) and other net inflows (EUR 2.85 million).
National Bank of Moldova 2025-11-07
National Bank of Moldova reports official reserve assets fell to EUR 5,141.43 million at end-October 2025
The National Bank of Moldova reported a decrease in official reserve assets to EUR 5,141.43 million as of 31 October 2025, down EUR 22.26 million from the previous month. The decline was primarily due to foreign exchange sales interventions and external public debt service payments, partially offset by exchange rate gains and reserve management income. Net foreign assets also fell to EUR 5,108.66 million, marking a EUR 95.54 million decrease since the end of 2024.