National Bank of Moldova publishes January 2026 aggregated banking system foreign exchange position data

The National Bank of Moldova published aggregated banking system data on licensed banks’ foreign-currency assets and liabilities, open foreign exchange positions and the ratio of open positions to total regulatory capital for January 2026. At month-end, total foreign-currency assets were MDL 55.37bn and total foreign-currency liabilities were MDL 55.16bn. Foreign-currency assets were mainly driven by foreign-currency cash and placements (MDL 19.36bn), foreign-currency lending (MDL 19.01bn) and required reserves in foreign currency held at the National Bank of Moldova (MDL 13.20bn). On the liabilities side, clients’ foreign-currency current accounts totalled MDL 27.52bn and clients’ foreign-currency term deposits MDL 18.16bn, alongside other client foreign-currency deposits of MDL 5.14bn and foreign-currency borrowings of MDL 2.59bn. The system reported MDL 319.95m in long open FX positions and MDL 104.69m in short positions, with the largest long exposures in EUR (MDL 219.03m) and USD (MDL 70.53m) and the largest short exposure in USD (MDL 66.80m); total regulatory capital was MDL 23.57bn. The aggregates are compiled from banks’ open FX position reports and cover on-balance sheet positions, off-balance sheet conditional positions (including FX forward transactions) and Moldovan leu items indexed to foreign exchange rates; the National Bank of Moldova publishes the dataset monthly by the last day of the month following the reporting period.