In addition, according to the NBM data, the negative balance was affected by the regulator’s foreign exchange interventions in the domestic market (sale of foreign currency) for 14.10 million euros in April. As well as payments of the Ministry of Finance for 4.79 million euros.
Despite the April decrease, the reserves remain at a high level due to the record growth in March 2026, when Moldova received a significant budgetary support of about 173 million euros from the European Commission.
In April, the foreign exchange “safety cushion” was also fueled externally by receipts in favor of the Ministry of Finance in the amount of EUR 7.41 million, of which:
– loans and grants for investment projects: EUR 6.46 million;
– budget support provided by the International Development Association: EUR 0.95 million;
Net inflows to the accounts of the External Assistance Program Management Directorate amounted to EUR 1.98 million, income from reserves management – EUR 12.67 million and other inflows to the accounts of the NBM.
