The official reserve assets at the end of July amounted to US$5.483,9 billion, up by US$195.29 million compared to the end of June, IPN reports.

The National Bank of Moldova said that the increase in the official reserve assets was due to the registration of loans in favor of the Ministry of Finance, ECF (Extended Credit Facility) and EFF (Extended Fund Facility) tranche VII and RSF (Resilience and Sustainability Facility) tranche I, disbursed by the International Monetary Fund. Their value was US$175.46 million.

Also, the budget support in favor of the Ministry of Finance amounted to US$120.24 million. The increase was also influenced by the appreciation of the exchange rates of the component currencies of the foreign exchange reserves against the US dollar – US$24.55 million, by the income from the management of foreign exchange reserves – US$18.10 million, as well as by the reassessment of the securities held in the investment portfolio – US$12.51 million.

At the same time, during the reporting period the decrease in the official reserve assets was conditioned by payments for servicing the Republic of Moldova’s external public debt – US$108.67 million. The net outflows related to the required foreign currency reserves of licensed banks came to US$59.55 million, while the payments to the Ministry of Finance totaled US$1.77 million.