OREANDA-NEWS. October 01, 2010. According to the NBM, the growth in the monetary base was caused by the increase of net external assets by 486,7 million lei (3%), resulting from the domination of transactions on purchasing of foreign currency carried out by the National Bank of Moldova on the internal foreign exchange market.

At the same time, the net internal assets reduced by 66,5 million lei or by 1,4%. The volume of money in circulation increased from 9 billion 193,4 million lei in July up to 9 billion 194,4 million lei in August. In the structure of monetary base the share of money in circulation reduced from 81,3% in July up to 78,4% in August.

At the same time, the share of bank reserves increased from 18,7% up to 21,6%. The money mass M2 in August increased by 173,4 million lei (0,8%) - up to 22 billion 531,9 million lei. At the same time, the money mass M3 increased by 62,6 million lei (0,2%) and amounted to 33 billion 740,9 million lei as of late August 2010.

According to the NBM, the growth in M2 index is caused by the increase in the balance of deposits in the national currency by 172,6 million lei (1,3%) and in the cash balance in circulation by 1 million lei (0,01%). At the same time, the balance of cash instruments reduced by 0,2 million lei.

The balance of foreign currency deposits (converted into lei) reduced by 110,8 million lei (1%). Expressed in U.S. dollars, they reduced by USD3,8 million. The share of foreign currency deposits (converted into lei) in the total money mass (M3) decreased from 33,6% in July up to 33,2% in August.