National Bank of Moldova publishes May 2025 aggregate open foreign exchange position and FX assets and liabilities data for licensed banks

The National Bank of Moldova released its monthly aggregated dataset on licensed banks’ foreign currency assets and liabilities and the resulting open foreign exchange position for May 2025, including the open-position ratios relative to total regulatory capital. At end-May, total foreign currency assets amounted to MDL 50.57bn versus MDL 50.08bn of foreign currency liabilities. On the asset side, the largest components were foreign currency cash and placements (MDL 17.55bn), foreign currency loans (MDL 17.22bn) and required reserves in foreign currency placed at the National Bank of Moldova (MDL 13.05bn), alongside MDL 249.8m of off-balance sheet conditional foreign currency assets and MDL 2.22bn of leu-denominated assets linked to foreign exchange rates. The aggregate open FX position showed long positions of MDL 584.3m, predominantly in euros (MDL 435.6m) and US dollars (MDL 125.3m), and short positions of MDL 94.6m, mainly in US dollars (MDL -60.7m) and euros (MDL -29.1m). Total regulatory capital was MDL 21.74bn, with open-position ratios including 2.00% long in euros and 0.58% long in US dollars, and -0.13% short in euros and -0.28% short in US dollars. The central bank noted the aggregates are compiled from banks’ open FX position reports submitted under the bank open foreign exchange position regulation and are published monthly by the last day of the month following the reporting period.