OREANDA-NEWS. May 07, 2009. This was announced by the NBM’ s president Leonid Talmaci, stressing that NBM’ s currency reserves cover three-month import of the country.

According to him, the situation at the currency market of Moldova has improved, evidenced by the fact that in April the National Bank sold 7 times less currency than in the previous month. As Leonid Talmaci noted, in the last days NBM does not sell currency and even purchased US3 million.

Speaking on the analysts' speculations about the decline in the currency reserves of the country, Leonid Talmaci said that it is natural as the reserves are accumulated for the state’s benefit. He noted that recently NBM currency reserves have decreased due to increasing demand for currency after speculations spread by certain media, as well as due to fluctuations between euro and dollar.

The NBM head stressed that currently currency reserves of NBM exceed US1.1 billion.