The official reserve assets at the end of June amounted to US$5.288.61 billion, down $65.87 million compared to May 31, when they came to $5.354.48 billion, IPN reports.

The National Bank of Moldova said that the decrease in the official reserve assets was influenced by net outflows related to the required reserves in foreign currency of licensed banks in the amount of $59.02 million. The payments for servicing the external public debt of the Republic of Moldova added up to $22.89 million.

The decrease in assets was also due to the depreciation of the exchange rates of the component currencies of the foreign exchange reserves against the US dollar – $20.70 million. The payments of the Ministry of Finance amounted to $6.75 million.

During the reporting period, the increase in the official reserve assets was driven by revenues from the management of foreign exchange reserves in the amount of $17.78 million. Loans in favor of the Ministry of Finance for investment projects in the amount of $14.95 million were also registered.

The increase in assets was also driven by the revaluation of securities held in the investment portfolio in the amount of $6.97 million. The net inflows into the accounts of the Office of Foreign Assistance Programs Management came to $3.17 million, while other net inflows amounted to $0.62 million.