CHISINAU (Moldova), May 8 (SeeNews) – The official reserve assets held by Moldova’s central bank totalled 4.93 billion euro ($5.603 billion) at the end of April, down by 121.17 million euro compared to the end of March, the central bank said.
Decreases in the constituents of reserve assets cumulatively amounted to 182.73 million euro in April, while increases totalled 61.56 million euro, the central bank, BNM, said in a monthly report published on Wednesday.
The net decrease was mainly driven by the depreciation of Moldova’s foreign exchange reserve currencies against the euro amounting to 123.15 million euro, and payments on public foreign debt of 50.23 million euro.
Meanwhile, increases in official reserve assets in April were mainly attributed to European Commission financing amounting to 38.49 million euro and 12.5 million euro resulting from the management of foreign exchange reserves.
The gold reserves held by BNM were worth 6.88 million euro at the end of April, up from 6.75 million euro at the end of March.
($ = 0.8799 euro)