Foreign Debt of Moldova in Jan-July Decreased by USD10,35 mn (0,8%)
OREANDA-NEWS. August 16, 2013. As it was informed in the Ministry of Finance, the debt reduction was due to the change in the U.S. dollar exchange rate to other currencies.
Within 7 months of 2013 Moldova received new external loans worth USD 36.91 million and payment on the principal foreign debt during the same period amounted to USD 29.02 million.
Thus, net external financing of Moldova in January-July 2013 amounted to USD 7, 89 million. However, as the negative change in the U.S. dollar to other currencies at this period made USD 18.24 million, Moldova's foreign debt since the beginning of 2013 decreased by USD 10.35 million.
It should be noted that the external debt of Moldova as of January 1, 2013 amounted to USD 1 billion 245.57 million, increasing in 2012 by USD 103.09 million (9%).
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