National Bank of Moldova Raises Key Rate from 6.5% to 7.0%; Borrowing Costs Set to Increase
On Thursday, the Executive Committee of the National Bank of Moldova (NBM) raised its key policy rate from 6.5% to 7.0%. The overnight deposit rate was increased to 5.0%, the REPO rate to 7.25%, and the overnight lending rate to 9.0%. The reserve requirement ratio for funds attracted in Moldovan lei and non-convertible currencies was kept unchanged at 18%. For funds ......
