The official reserve assets of the National Bank of Moldova (NBM) at end-August were US$3.391,02 billion, an increase of US$ 105.51 million compared with end-July, when these came to US$3.285,51 billion, IPN reports.

According to the NBM, the increase in the official reserve assets was due to the net inflows related to the foreign currency reserve requirements for licensed banks - US$62.64 million, as well as to the net interventions on the domestic currency market in the form of currency purchases - US$46.00 million. Other factors included the registration of loans and grants in favor of the Ministry of Finance for investment projects - US$12.37 million.

The increase was also determined by the disbursement of the second EU grant within the macro-financial assistance program by the European Commission.

At the same time, the decline in the official reserve assets in the period was determined by the payments made to service the external public debt of the Republic of Moldova - US$29.14 million, the payments made by the Ministry of Finance - US$ 7.48 million, and the reassessment of the securities held in the investment portfolio - US$ 0.72 million.