OREANDA-NEWS. May 04, 2010. According to NBM, the reduction of the monetary base was due to the decrease in the net domestic assets of NBM by 661.2 million leis (13.3%). At the same time, the external assets of the National Bank have increased by 285 million leis (1.8%).

The volume of money in circulation has grown from 8 billion 330.5 million lei in February up to 8 billion 502.6 million leis in March. The share of money in circulation has increased from 77,9% in February up to 82,4% in March. At the same time, the share of the bank reserves decreased from 22,1% to 17,6%.

Money mass M2 in March increased by 679.7 million lei (3.3%) - up to 21 billion 193 million leis. At the same time, the money mass M3 grew by 183.4 million lei (0.6%) and amounted to 32 billion 666,1 million leis at the end of March 2010 According to NBM, the growth of M2 indicator was due to the increase in the cash balance in circulation by 172.1 million leis (2.1%) and the balance of the deposits in the national currency - by 507.6 million lei (4.2%).

Foreign currency deposits (converted into leis) have decreased by 496.3 million lei (4.1%). Expressed in U.S. dollars, they amounted to USD 924.9 million, a USD9.9 million less than in the previous month. The share of the foreign currency deposits (converted into leis) in the total money mass (M3) has declined from 36,9% in February up to 35,1% in March 2010.