OREANDA-NEWS. February 17, 2011. The monetary reserves of the National Bank of Moldova as of February 4 this years totaled USD 1,743.17 million, up USD 25.48 million or 1.5% from the beginning of the year. As of December 31, 2010, the National Bank’s monetary reserves totaled about USD 1,717.69 million, according to the National Bank’s data.

In the first month of 2011 they grew about USD 26.85 million (1.6%), totaling about USD 1,744.54 million as of January 31 this year. In the first four days of February, they slightly reduced – to USD 1,743.17 million.

The growth of monetary reserves in January resulted from the following factors: increase in the exchange rates of the currencies composing the monetary reserves against the US dollar - USD 33.94 million, receipts referring to the obligatory reserves of the licensed banks in foreign currency - USD 2.32 million, profit from monetary reserves management - USD 1.57 million, other receipts - USD 0.66 million.

The reduction in official reserve assets for the same period of time resulted from payments serving Moldova’s foreign debt - USD 4.63 million, interventions in the home foreign exchange market as currency sales - USD 3.5 million, reevaluation of securities from the investment portfolio - USD 2.35 million, other foreign payments - USD 1.16 million.