Monetary Base of Moldova Decreased 2% in February
OREANDA-NEWS. March 25, 2014. The decrease was determined by a decline in external net assets of the National bank by MDL 334.1 million (1.1%), and by a decrease in internal net assets by MDL 161.8 million (2.5%).
Money in circulation decreased from MDL 16 billion 900.7 million in January to 16 billion 715.9 million in February.In the reporting period, M2 increased MDL 10.6 million (0.04%) to MDL 44 billion 360.4 million. M3 increased MDL 255.9 million (0.4%) to MDL 62 billion 555.92 million as of the end of February, 2014.
The growth in M3 was explained by an increase in a total balance of deposits by MDL 440.7 million month-on-month whereas the balance of money in circulation decreased MDL 184.8 million.
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