National Bank of Moldova has enough liquidities in order not to allow chaos on currency market

Chisinau, 7 April /MOLDPRES/ - The National Bank of Moldova (BNM) has enough liquidities, in order not to allow chaos on the country’s currency market. President Igor Dodon gave assurances to this effect at a news briefing held after a today’s meeting of the Supreme Security Council (CSS).  

“The National Bank of Moldova took the decision to reduce the basic rate and the compulsory reserves to 34 per cent; so, there are and there will be sufficient liquidities on Moldova’s banking market,’’ Igor Dodon said.   

The Moldovan president warned those who want to make speculations on the currency market to give up this intention from the very beginning. ‘’I warn those willing to make speculations on the currency market; you have already faced losses; on last Thursday you increased the prices and on Friday you had to sell cheaper. Do not play, the speculations will be punished. The National Bank of Moldova has enough currency reserves to maintain stability,’’ Igor Dodon added.