The National Bank of Moldova held its benchmark interest rate at a record low of 2.65 percent during its January meeting, after the annual inflation rate slowed its lowest level since December 2009 at 0.4%. The central bank slashed rates by 285bps in 2020 to support the banking system amid market volatility due to the spread of the novel coronavirus. source: National Bank of Moldova
Interest Rate in Moldova averaged 10.11 percent from 2001 until 2020, reaching an all time high of 21 percent in January of 2001 and a record low of 2.65 percent in November of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Interest Rate in Moldova is expected to be 2.65 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 2.50 in 12 months time. In the long-term, the Moldova Interest Rate is projected to trend around 3.00 percent in 2022, according to our econometric models.