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Schedule of reception of citizens by the Executive Board of the National Bank of Moldova.
The registration of applicants for an audience is carried out based on a written request on the subject addressed.
Anca Dragu, Governor
1st Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 606.
Vladimir Munteanu, First Deputy Governor
2nd Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 606.
Tatiana Ivanicichina, Deputy Governor
3rd Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 607.
Constantin Șchendra, Deputy Governor
4th Wednesday of the month: 14.00-16.00;
Telephone: +373 22 822 607.
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National Bank and the members of its decision-making bodies shall be independent in exercising the tasks conferred upon them by law, and shall neither seek nor take instructions from public authorities or from any other authority.
In order to ensure and maintain price stability over the medium term, the National Bank’s aim will be to keep inflation (measured by Consumer Price Index) at the level of 5.0 percent annually with a possible deviation of ± 1.5 percentage points, considered to be optimal for growth and development of Moldova's economy over the medium-term.
National Bank shall have the exclusive right to issue on the territory of the Republic of Moldova banknotes and coins as legal tender, as well as commemorative and jubilee banknotes and coins as legal tender and for numismatic purposes.
National Bank is exclusively responsible for the licencing, supervision and regulation of financial institutions activity.
National Bank of Moldova acts as banker and fiscal agent of the State and shall receive from state bodies economic and financial information and documents, which are necessary for carrying out its tasks.
National Bank of Moldova supervises the payment system of the Republic of Moldova and promotes a stable and efficient functioning of the automated inter-bank payment system
National Bank of Moldova is an autonomous public legal entity and is responsible to the Parliament.
National Bank shall inform the public on the monetary policy strategy on the results of the macroeconomic analysis, the evolution of the financial market and on statistics, including with regard to monetary supply, crediting, balance of payments and the state of the foreign exchange market.
National Bank of Moldova is responsable for the compilation of the balance of payments, international investment position and the statistics of the external debt of the Republic of Moldova.
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The decision was taken at today's meeting of the Executive Committee of the National Bank of Moldova (NBM). Thus, the base rate applied to the main short-term monetary policy operations is 2.65 percent annually. Similarly, interest rates on overnight loans and deposits are maintained - 5.15 percent and 0.15 percent annually, respectively.
At the same time, the required reseve ratio from the means attracted in Moldovan lei and in non-convertible currency were diminished by 2.0 percentage points, up to 30.0% of the calculation base.
The decision aims to create monetary conditions that contribute to the return of inflation in the range of ± 1.5 percentage points from the target of 5.0 percent. This is a follow-up to monetary policy stimulus measures adopted in the second half of the previous year.
Thus, the decision aims to support the relaunch of economic activity, aiming at maintaining sufficient adequate liquidity and, in particular, the upward trend in lending to the real economy, as well as lowering the cost of bank loans. Also, the decision is aimed at mitigating the risks associated with a negative fiscal momentum in the context of intensifying political uncertainty. This decision corresponds to the strategic objective of balancing the conditions for financial intermediation in national currency and foreign exchange.
The NBM emphasizes that it will continue to monitor the internal and external macroeconomic situation and, in due course, without prejudice to its fundamental objective of ensuring price stability, will come up with measures to maintain sufficient liquidity for licensed banks, in support of a viable and stable banking system.
The next meeting on promote monetary policy will take place on April 30, 2021.
1 Grigore Vieru Avenue,
MD-2005, Chisinau, Republic of Moldova.
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