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Official reserve assets fell by more than €80 million in May

The official reserve assets of the Republic of Moldova amounted to €4.848 billion on May 30, down €80.9 million from April 30, IPN reports.

According to data published by the National Bank of Moldova, the decrease in reserves was caused by payments related to external public debt servicing, amounting to €136.7 million, the revaluation of securities in the investment portfolio, amounting to €7.56 million, and payments made by the Ministry of Finance, amounting to €2.89 million. The decrease in official reserves was also influenced by net outflows from the mandatory foreign currency reserves of licensed banks, amounting to €0.73 million.

At the same time, the increase in reserves was influenced by receipts in favor of the Ministry of Finance, amounting to €28.41 million, which included the loan from the Canadian Government, the grant provided by the Slovak Government, and financing for investment projects. At the same time, the increase in official reserves was determined by the appreciation of component currencies against the euro – EUR 18.73 million, income from reserve management – EUR 13.51 million, and swap operations on the domestic currency market – EUR 4.95 million.

Official reserve assets are at their lowest level since the end of 2023. As of April 30 this year, they amounted to €4.929 billion.

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