foreign exchange reserves

As of January 30, 2026, official reserve assets (international reserves) totaled 5,080.70 million euros, down 23.57 million euros from the situation at the end of last year, according to Logos Press.

In November, the state’s foreign exchange reserves fell by another 60.56 million euros to 5,080.87 million euros as a result of foreign debt repayments and monetary policy easing, Logos Press reported.

Under the slogan “the whole economy should work for European integration”, the authorities are trying to use all internal and external resources. Mostly credit resources. And in all possible and impossible ways. But they are still catastrophically lacking. The government and the National Bank are now acting remarkably well, stimulating sources of replenishment of funds, trumpeting successes and keeping silent about failures. It is not always possible, of course, to present it under the sauce of “for the benefit of the Moldovan economy”.

The situation in the economy forces the National Bank to increasingly use the “safety cushion” of the state to ensure its viability, reports Logos Press.

In the first 9 months of 2025, the government received loans and grants worth 647 million euros, but in the same period, external debt service costs reduced the official cushion by 430 million euros, Logos Press reported.

International rating agency Fitch Ratings in early September affirmed Moldova’s credit rating at B+ with a stable outlook. Despite its stability, it includes many aggravating circumstances of the future “credit history” of the country, for which development partners are responsible with their money. But the debts are still to be paid back to the country.

After a July decline, official reserve assets rose again in August thanks to budget support from the World Bank, Logos Press reported.

After a significant increase in official reserve assets in June, when the external accounts received a significant amount of borrowed resources, they fell to 5.044 billion euros in July 2025, or by 26.72 million euros,” Logos Press reported.

At the end of June 2025, official reserve assets totaled 5,070.24 million euros, up by 221.49 million euros over the month thanks to the EU bailout,” Logos Press reported.

In April, the state’s official reserve assets decreased by another 121.17 million euros to 4,929.69 million euros. The negative balance of assets has been growing since the beginning of the year, Logos Press reported.

Moldova’s official foreign exchange reserves decreased by 200 million euros in Q1 2025,” Logos Press reported.