NBM Kept Basic Rate of Refinancing at 7%
OREANDA-NEWS. September 02, 2010. According to the decision of NBM Administrative council, the credit rates overnight – 10%, the deposit rates overnight – 4%, the long-term credits (more than 5 years) – 7% were kept on the same level as well. The normative standard of statutory provisions in Moldavian leis and foreign currency attracted by the banks was also kept unchanged – 8%.
This decision was made, taking into account the assessment of macroeconomic situation in the country, the tendencies and prognoses of macroeconomic indicators for a medium-term perspective, including the medium-term inflation prognosis in the context of possible risks.
The NBM specialists said they would continue the permanent monitoring for macroeconomic indicators and situation on the monetary, exchange and credit markets and react operatively to all internal and external challenges. The next meeting of Administrative council of the NBM on monetary policy will take place on September 30, 2010.
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