OREANDA-NEWS. May 26, 2009. The National Bank’s monetary reserves have increased by US 36.14 million (3.3 per cent) since the beginning of May and totaled US1 billion 138.17 million as of May 15.

According to the National Bank’s data, as of April 30, the National Bank’s monetary reserves totaled US 1 billion 102.03 million, as of May 8 - US 1 billion 128.01 million.

At the same time, since the beginning of 2009, the National Bank’s monetary reserves went down by US 534.24 million (31.9%). It was reported earlier, that the reduction in monetary reserves this year was due to the sales operations in the foreign exchange market, foreign debt payments, change of the foreign exchange rate of currencies included into the monetary reserve against dollar and others.

Moldova’s monetary reserves in 2008 rose by US 338.72 million (25.4%) – to US 1 billion 672.41 million. The IMF forecasts that Moldova’s monetary reserves in 2009 will reduce by US 396 million (23.7%) and will total US 1 billion 276 million as of the end of the year. According to forecasts of the Fund’s exerts, the National Bank’s monetary reserves as of the end of 2010 will increase somewhat and total US 1 billion 293 million.