OREANDA-NEWS. December 14, 2009. As it is noted in NBM statement, the National bank has enough money and tools to ensure that the annual inflation rate in 2010-2012 will not exceed 5%.

It is emphasized that NBM carefully studies the latest events at the currency market in the context of the impact of the exchange rate on price stability. The analysis shows the stability of prices in Moldova according to the inflation rate of 5% over the medium term.

Taking into account the deflation registered recently, the NBM intends to use this opportunity to strengthen the international reserves through active purchase of the foreign currency surplus, thus ensuring future economic stability in Moldova. The NBM statement also notes that under current conditions of limited economic activity and deflation, it is necessary to provide greater support to the national financial system.

It is emphasized that, alongside with the benefits for local producers, which will increase the competitiveness of Moldovan products at international markets, the current situation allows receiving more liquidity by the domestic economy, including through the increased resources for lending the real sector of economy, without compromising the main NBM goal.