OREANDA-NEWS. June 03, 2013. The administrative board of the NB also kept the same overnight rate – 6.5% and deposit overnight rate – 0.5%. The legal reserve requirement for external funds in MDL and forex remained at the same level – 14% from estimate basis.

These decisions were made to provide adequate currency terms, aimed to stimulate the crediting process, activate economic functioning, keep the inflation forecasts, and stick to target of 5% with possible ± 1.5 p.p. variations.

The next meeting of administrative board of the NB will be on June 27, 2013. In April, 2013 the NB decreased the re-financial basis rate from 4.5% till 3.5%. February, 2012 was the last time when the NB decreased this rate from 6.5% till 4.5% per annum.

Till April, 2013 the re-financial basis rate remained the same.