OREANDA-NEWS. April 13, 2009. The National Bank’s monetary reserves as of March 31, 2009 totaled US1 billion 132.34 million, down US 232.66 million in comparison with the situation as of February 27.

According to the National Bank of Moldova, the reserves reduced in that period of time due to the sales operations in the amount of US 251.04 million on the country’s foreign exchange market, foreign debt payments in the amount of US 6.96 million and other foreign payments - US 3.23 million.

At the same time, increase in exchange rates of currencies forming monetary reserves against the US dollar – by US 15 million, net receipts connected with the growth of obligatory reserves in foreign currency - US 8.85 million, incomes from monetary reserves administration - US 3.37 million, other incomes - US 1.35 million were the factors that contributed to the increase in official reserve assets in the reported period. 

In the first three months of 2009, official monetary reserves reduced by one-third (US 540 million). As of December 31, 2008 official reserves totaled US 1 billion 672.407 million.