National Bank of Moldova

The National Bank of Moldova (Romanian: Banca Naţională a Moldovei) is the central bank of the Republic of Moldova[2].

National Bank of Moldova
Banca Naţională a Moldovei (in Romanian)
HeadquartersChişinău
Established4 June 1991
Ownership100% state ownership[1]
GovernorOctavian Armașu
Central bank ofRepublic of Moldova
CurrencyMoldovan leu
MDL (ISO 4217)
Reserves1 740 million USD[1]
Websitewww.bnm.md

The National Bank of Moldova is an autonomous public legal entity and is responsible to the Parliament of the Republic of Moldova[3]. 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[4]. The National Bank cooperates with the Government with the view to achieving its objectives and, according to the Law, undertakes the necessary measures to implement such cooperation. The NBM periodically informs the public about macroeconomic analysis, financial market evolution and statistic data, including on money supply, credit granting, balance of payments and foreign exchange market.

Governors

Leonid Tălmaci served as the first Governor of the National Bank (1991–2009). Dorin Drăguțanu has served as the Governor of the National Bank since November 2009.[5] 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.

See also

References
  1. https://d-nb.info/1138787981/34
  2. Article 1 paragraph (1) of the Law of the Republic of Moldova on the National Bank of Moldova No. 548 of 21 July 1995
  3. Article 1 paragraph (2) of the Law of the Republic of Moldova on the National Bank of Moldova No. 548 of 21 July 1995
  4. Article 4 of the Law of the Republic of Moldova on the National Bank of Moldova No. 548 of 21 July 1995
  5. Dorin Drăguţanu, guvernator al BNM Archived 2014-12-26 at the Wayback Machine besøkt 30. november 2011. (Oversatt artikkel, Google Translate)


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