The National Bank of Moldova raised its benchmark interest rate by 50bps to 7 percent on June 19th 2019. It was the first hike in borrowing costs since September of 2015, mentioning upside risks to inflation caused by the increase in the wage bill and consumption credits. The central bank's decision aims to bring inflation closer to its 5 percent medium term target and is consistent with a positive fiscal impulse in the current and next year while expectations regarding the external environment have been taken into account. The overnight credit rate was also adjusted to 10 percent from 9.5 percent and the overnight deposit rate to 4.0 percent from 3.5 percent. Interest Rate in Moldova averaged 10.57 percent from 2001 until 2019, reaching an all time high of 21 percent in January of 2001 and a record low of 3.50 percent in April of 2013.

Interest Rate in Moldova is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Moldova to stand at 7.00 in 12 months time. In the long-term, the Moldova Interest Rate is projected to trend around 7.00 percent in 2020, according to our econometric models.

Moldova Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-06 03:00 PM Interest Rate Decision 6.5% 6.5% 6.5%
2019-03-14 05:00 PM Interest Rate Decision 6.5% 6.5% 6.5%
2019-05-07 02:30 PM Interest Rate Decision 6.5% 6.5% 6.5%
2019-06-19 02:30 PM Interest Rate Decision 7% 6.5% 6.5%
2019-07-31 02:30 PM Interest Rate Decision 7% 7%
2019-09-11 02:30 PM Interest Rate Decision 7%
2019-10-30 03:30 PM Interest Rate Decision 7%


Moldova Money Last Previous Highest Lowest Unit
Interest Rate 7.00 6.50 21.00 3.50 percent [+]
Money Supply M0 23159.82 22428.23 23159.82 1052.20 MDL Million [+]
Money Supply M3 87293.44 86859.09 87293.44 2504.31 MDL Million [+]
Deposit Interest Rate 4.00 3.50 16.50 0.50 percent [+]
Money Supply M1 41270.40 39978.77 41270.40 1375.10 MDL Million [+]
Money Supply M2 60640.58 59371.48 60640.58 1737.00 MDL Million [+]
Lending Rate 9.50 9.50 30.00 6.50 percent [+]
Foreign Exchange Reserves 2908863.16 2886715.81 3012757.09 0.00 USD Thousand [+]
Cash Reserve Ratio 42.50 42.50 42.50 8.00 percent [+]


Moldova Interest Rate

In Moldova, interest rate decisions are taken by the National Bank of Moldova. The official interest rate is the base rate. This page provides the latest reported value for - Moldova Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Moldova Interest Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7.00 6.50 21.00 3.50 2001 - 2019 percent Daily




Country Last Previous
Argentina 58.78 Jul/19
Turkey 24.00 Jun/19
Mexico 8.25 Jul/19
Russia 7.50 Jun/19
Brazil 6.50 Jun/19
South Africa 6.50 Jul/19
India 5.75 Jul/19
Indonesia 5.75 Jul/19
China 4.35 Jun/19
Saudi Arabia 3.00 Jun/19
United States 2.50 Jun/19
Canada 1.75 Jul/19
Singapore 1.67 Jun/19
South Korea 1.50 Jul/19
Australia 1.00 Jul/19
United Kingdom 0.75 Jun/19
Euro Area 0.00 Jun/19
France 0.00 Jun/19
Germany 0.00 Jun/19
Italy 0.00 Jun/19
Netherlands 0.00 Jun/19
Spain 0.00 Jun/19
Japan -0.10 Jun/19
Switzerland -0.75 Jun/19


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