The National Bank of Moldova ( ro, Banca Naţională a Moldovei) is the

central bank A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central ba ...

of the

Republic of Moldova A republic () is a "state in which power rests with the people or their representatives; specifically a state without a monarchy" and also a "government, or system of government, of such a state." Previously, especially in the 17th and 18th c ...

. The National Bank of Moldova is an autonomous public legal entity and is responsible to the

Parliament of the Republic of Moldova The Parliament of the Republic of Moldova is the supreme representative body of the Republic of Moldova, the only state legislative authority, being a unicameral structure composed of 101 elected MPs on lists, for a period of 4 years. Parliamen ...

. The primary objective of the National Bank of Moldova shall be to ensure and maintain the price stability. Without prejudice to its primary objective, the National Bank of Moldova shall promote and maintain a financial system based on market principles and shall support the general economic policy of the state. The National Bank cooperates with the

Government A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a ...

with the view to achieving its objectives and, according to the

Law Law is a set of rules that are created and are enforceable by social or governmental institutions to regulate behavior,Robertson, ''Crimes against humanity'', 90. with its precise definition a matter of longstanding debate. It has been vario ...

, undertakes the necessary measures to implement such cooperation. The NBM periodically informs the public about

macroeconomic Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole. For example, using interest rates, taxes, and ...

analysis,

financial market A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, raw materials and precious metals, which are known in the financial markets ...

evolution and

statistic A statistic (singular) or sample statistic is any quantity computed from values in a sample which is considered for a statistical purpose. Statistical purposes include estimating a population parameter, describing a sample, or evaluating a hypo ...

data, including on

money supply In macroeconomics, the money supply (or money stock) refers to the total volume of currency held by the public at a particular point in time. There are several ways to define "money", but standard measures usually include Circulation (curren ...

credit Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), ...

granting,

balance of payments In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference between all money flowing into the country in a particular period of time (e.g., a ...

and

foreign exchange market The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspec ...

Governors

Leonid Tălmaci served as the first Governor of the National Bank (1991–2009).

Dorin Drăguțanu Dorin Drăguţanu (born 19 March 1974) is an economist from Moldova. He was born in Chişinău and has served as the head of the National Bank of Moldova since November 2009 until April 2016, when was replaced by Sergiu Cioclea. In 1996 Dorin D ...

has served as the Governor of the National Bank since November 2009.''Dorin Drăguţanu, guvernator al BNM''
besøkt 30. november 2011.

On the 11th of March 2016, Sergiu Cioclea was elected as the new Governor by the country's parliament. He was succeeded by Octavian Armașu in November 2018.

References

External links

National Bank of Moldova official site

Free Forex E-learning Platform For Moldovians

Moldova Moldova ( , ; ), officially the Republic of Moldova ( ro, Republica Moldova), is a Landlocked country, landlocked country in Eastern Europe. It is bordered by Romania to the west and Ukraine to the north, east, and south. The List of states ...

Economy of Moldova Banks of Moldova 1991 establishments in Moldova Banks established in 1991 {{Europe-bank-stub

Governors

See also

References

External links