The National Bank of Moldova published its February 2026 update on official reserve assets, showing reserves of EUR 5,019.69m at 27 February 2026, down EUR 61.01m from EUR 5,080.70m at 30 January 2026. Net foreign assets also declined to EUR 4,990.13m, a monthly fall of EUR 61.09m. The decrease in reserves was driven mainly by net outflows linked to licensed banks’ foreign-currency required reserves (EUR 86.05m) and payments for the Republic of Moldova’s external public debt service (EUR 18.76m), alongside Ministry of Finance payments (EUR 1.59m) and a net impact from domestic FX swap operations (EUR 0.02m). Offsetting factors included gains from exchange-rate movements of reserve currencies versus the euro (EUR 25.42m), income from reserve management (EUR 11.52m), Ministry of Finance receipts in the form of loans, grants and other inflows to investment project accounts (EUR 3.92m), securities revaluation in the investment portfolio (EUR 2.36m), net inflows to the Office for Management of External Assistance Programs’ accounts (EUR 2.08m) and other net inflows (EUR 0.11m); cumulatively since end-2025, official reserve assets were down EUR 84.58m and net foreign assets down EUR 84.52m.
National Bank of Moldova 2026-03-06
National Bank of Moldova reports official reserve assets fell by EUR 61.0m to EUR 5.02bn at 27 February 2026
The National Bank of Moldova reported a decline in official reserve assets to EUR 5,019.69m as of 27 February 2026, a decrease of EUR 61.01m from the previous month. The reduction was primarily due to net outflows related to licensed banks' foreign-currency required reserves and external public debt service payments. Offsetting factors included gains from exchange-rate movements and income from reserve management.