OREANDA-NEWS. June 18, 2009. The National Bank’s monetary reserves as of June 5 totaled US 1 billion 209.36 million, up US 20.6 million (1.7%) from the previous week.

InfoMarket was informed about it at the National Bank according to which the National Bank’s monetary reserves as of May 29 totaled US 1 billion 188.76 million, having grown by US 86.73 million in May.

According to the National Bank, the growth of monetary reserves in May resulted from the purchase of currency in Moldova’s home foreign exchange market in the amount of US 48.28 million, strengthening of the exchange rate of currencies included into the monetary reserves against the USD in the amount of US 38.85 million, incomes from the administration of monetary reserves in the amount of US 2.58 million, other revenues in the amount of US 0.3 million.

Moldova’s monetary reserves rose by US 338.72 million (25.4 per cent) – to US 1 billion 672.41 million in 2008. The IMF forecasts that Moldova’s monetary reserves in 2009 will go down by US 396 million (23.7 per cent) and will total US 1 billion 276 million by the end of the year. According to the Fund’s forecast, the National Bank’s monetary reserves by the end of 2010 will total US 1 billion 293 million.