Government bonds from the US and major European countries are under significant pressure: since the end of August, yields on long-term bonds have risen markedly, meaning their market value has fallen. Investors are demanding a higher premium for long-term government borrowing against a backdrop of inflationary risks, rising public debt and higher borrowing costs.
Economic activity in the second half of 2026 is showing clear signs of cooling. July’s statistics recorded a noticeable slowdown in growth, and the regulator’s tough measures have finally cemented the trend towards more than moderate growth.
Moldova’s banking sector is seeing high levels of activity from corporate clients. According to the National Bank, in August 2026 the total volume of new deposits attracted reached an impressive 27,085 million lei. The volume of new deposits in August, however, fell compared with July, when banks attracted 30,678 million lei.
Bitcoin (BTC) surged above $86,000 after trading opened on Wall Street on Monday, as US shares rose amid falling oil prices.
In August 2026, the banking lending market showed signs of cooling. According to the latest report from the National Bank of Moldova (NBM), the volume of loans granted fell by 2.5 per cent compared with the previous month.
The outflow of cash from the banking system in August exceeded the inflow by 20 million lei. Regular reports from the National Bank confirm an established trend: demand for cash remains high against a backdrop of seasonal holidays and retail activity, whilst cash returns to the system with delays.
Rate rises by the US Federal Reserve are putting pressure on gold, but, according to Goldman Sachs, are unlikely to reverse the long-term upward trend in the metal’s price. The bank maintains its forecast of $5,400 per troy ounce by the end of 2027.
The National Bank of Moldova (NBM) has begun exploring the possibility of technical and regulatory integration of the national instant payment system MIA with the European TARGET Instant Payment Settlement (TIPS) platform. The successful implementation of this project will enable citizens and economic agents to make cross-border transfers in euros between Moldova and European Union countries in a matter of seconds.
The law establishes the legal framework for the market in relation to public offerings, admission to trading, disclosure of information, the granting of licences, the supervision of service providers, and so on. Its scope extends to all participants – both residents and foreign entities operating in Moldova.
The Board of the National Bank of Ukraine today raised the policy rate to 16 per cent “in view of sustained fundamental price pressures, secondary effects from shocks and heightened inflationary risks”.
