The National Bank of Moldova (BNM) has reduced the base rate to keep inflation within the target range and to stimulate demand and investments.

The BNM's decision to reduce the base rate aims to maintain inflation within the optimal range of 5.0% +/- 1.5 percentage points. This measure is intended to stimulate aggregate demand, encouraging consumption and investments, which will lead to a decrease in loan interest rates. Recently, annual inflation decreased from 7.9% to 7.3%, and forecasts suggest that it will return to the target range by December.