The National Bank of Moldova raised its benchmark interest rate by 50bps to 7.5 percent on July 31st 2019. It was the second hike in borrowing costs this year, in an effort to reduce inflationary pressures and to stabilize the exchange rate of the national currency. The Bank noted, that the evolution of inflation in the recent months was influenced by the increase in international prices for food and regulated products. The overnight credit rate was also adjusted to 10.5 percent from 10 percent and the overnight deposit rate to 4.5 percent from 4.0 percent. Interest Rate in Moldova averaged 10.56 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 7.50 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 7.50 in 12 months time. In the long-term, the Moldova Interest Rate is projected to trend around 7.50 percent in 2020, according to our econometric models.

Moldova Interest Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
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 01:00 PM Interest Rate Decision 7.5% 7% 7%
2019-09-11 02:30 PM Interest Rate Decision 7.5% 7.5%
2019-10-30 03:30 PM Interest Rate Decision 7.5%
2019-12-11 03:30 PM Interest Rate Decision 7.5%


Moldova Money Last Previous Highest Lowest Unit
Interest Rate 7.50 7.00 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 4.50 4.00 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 10.50 10.00 30.00 6.50 percent [+]
Foreign Exchange Reserves 2939010.57 2908863.16 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7.50 7.00 21.00 3.50 2001 - 2019 percent Daily




Country Last Previous
Argentina 74.96 Aug/19
Turkey 19.75 Jul/19
Mexico 8.00 Aug/19
Russia 7.25 Jul/19
South Africa 6.50 Aug/19
Brazil 6.00 Jul/19
Indonesia 5.50 Aug/19
India 5.40 Aug/19
China 4.25 Aug/19
Saudi Arabia 2.75 Aug/19
United States 2.25 Jul/19
Singapore 1.94 Jul/19
Canada 1.75 Aug/19
South Korea 1.50 Jul/19
Australia 1.00 Aug/19
United Kingdom 0.75 Aug/19
Euro Area 0.00 Jul/19
France 0.00 Jul/19
Germany 0.00 Jul/19
Italy 0.00 Jul/19
Netherlands 0.00 Jul/19
Spain 0.00 Jul/19
Japan -0.10 Aug/19
Switzerland -0.75 Jul/19


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