Moldova’s Central Bank planning to keep inflation at 4-6% level

On the New Year eve, the National Bank of Moldova has reaffirmed its main objective - to keep the annual level of inflation within 4-6% next 3 years.

Such parameters have been fixed in the NBM Strategy of Monetary Policy for 2010-2012. The essential document has been prepared and approved in accordance with the Law on the National Bank of Moldova, and is aimed at ensuring and maintaining a price stability in the country.

The Strategy determines the regime of the monetary policy, monetary instruments and the methodology of using them. A separate article is dedicated to ensuring the policy transparency.

According to the information available with Infotag, in mid-January the central bank will arrange a news conference to explain chief elements of the Strategy.

Infotag news agency (Moldova)

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