National Bank of Moldova Sets 3.60% Base Rate: Targets 5% Inflation
The Executive Committee of the National Bank of Moldova has unanimously adopted a new monetary policy decision, maintaining the base rate applied to its principal short-term monetary policy operations at 3.60 percent annually.
The National Bank is monitoring the disinflationary process, assessing associated risks and uncertainties. Its aim is to bring inflation back to the 5 percent target, considered optimal for the medium-term growth and development of the Republic of Moldova's economy, according to a statement by the BNM.
The next monetary policy meeting is scheduled for August 2024.
Translaition by Iurie Tataru
