Interest Rate Hike at National Bank of Moldova
August 6, 2026
The National Bank of Moldova’s base rate was increased to 7.5%, a 39-month high. This move followed increases of 150 basis points in May and 50 basis points in June undertaken to counteract intensifying effects from fighting in the Middle East. “The NBM’s decision to continue its restrictive monetary policy measures was adopted in the context of intensifying inflationary pressures stemming both from the supply side, due to unfavorable trends in international prices for energy resources, food products, and raw materials, and from the domestic demand side, supported by favorable dynamics of household income.” Moldovan consumer price inflation of 6.5% at midyear was at the top of a 3.5-6.5% targeted corridor.
Copyright 2026, Larry Greenberg. All rights reserved.
Tags: National Bank of Moldova
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