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MD-2005, , 1 www.bnm.md E-mail: official@bnm.md

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MD-2005, , 1 www.bnm.md E-mail: official@bnm.md

. (37322) 409 006 (37322) 220 591

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MD-2005, , 1 www.bnm.md E-mail: official@bnm.md

. (37322) 409 006 (37322) 220 591


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MD-2005, , 1 www.bnm.md E-mail: official@bnm.md

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MD-2005, , 1 www.bnm.md E-mail: official@bnm.md

. (37322) 409 006 (37322) 220 591


2010.,
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MD-2005, , 1 www.bnm.md E-mail: official@bnm.md

. (37322) 409 006 (37322) 220 591

17


, 9.0%, ,
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MD-2005, , 1 www.bnm.md E-mail: official@bnm.md

. (37322) 409 006 (37322) 220 591

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. (37322) 409 006 (37322) 220 591



, II 2010.
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MD-2005, , 1 www.bnm.md E-mail: official@bnm.md

. (37322) 409 006 (37322) 220 591

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. (37322) 409 006 (37322) 220 591


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MD-2005, , 1 www.bnm.md E-mail: official@bnm.md

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1.22. ( ) ( %,
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. (37322) 409 006 (37322) 220 591

II.

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.
.
.

.
.
.
.
2008.
:

CHIBOR (1W)

,

(6.94, 6.99 7.01%),
,
7.27 7.30% ( 2.2).

2009.

2010.

()
III 2010.

24

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.
.
27 ,
, .
7 ,
6 8 .
- 2010.
2585.4 . 3761.4 . ,
, .
3247.1 . , 187.1 .
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. , III
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REPO ()
III 2010., -,

7 REPO ( ).
.


, - 2009. 2010. (

), III 2010.,
70.8 . . 41.8 .
.
, 30 2010.
1170.6 . , 29.0 . ,
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,
. 30 2010.
,
, .

( ),
,
.
III 2010. 295.7 . ,
113.1 . 27.7% .
.

MDL 6 20
2010., 21 5 2010., 1223.5 .
25

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, 47.5 . , 4.0% 6 20
2010., 21 2010. 5 2010.
30
2010. 43.7 . USD 51.5 . EUR, 1.6 . USD
(3.8%) 2.8 . EUR (5.8%) 30 2010.
MDL, ,
.

III 2010.

2.3.

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.
. USD

8.0

110.0

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-10.0
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98.0

11.01.2010
19.01.2010
28.01.2010
08.02.2010
16.02.2010
25.02.2010
09.03.2010
17.03.2010
26.03.2010
07.04.2010
19.04.2010
28.04.2010
07.05.2010
18.05.2010
27.05.2010
07.06.2010
16.06.2010
25.06.2010
06.07.2010
15.07.2010
26.07.2010
04.08.2010
13.08.2010
24.08.2010
07.09.2010
16.09.2010
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96.0

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.
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35.04 . .

III 2010. ,
. , ,
2009.,
.

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M0

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II . III . IV . I .
2008.

II . III . IV . I .
2009.

II . III .
2010.

M2
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2010., -
. ,
6.6%,
2010.,

4.1%.

M2
,
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,
39.8%.
M2
24.9%,
26.3%
26

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24.1% ( 2.4). ( M0) 1
III 2010. 4.1% , II
3.6% 4.0% I 2010.

, , ,
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, II 2010.,
. M3
: , ,
. , ,
, 2010.
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12.5% 6.1 3.1 II
I, . ,
46.2% II 45.9% III 2010.

.

III 2010. ,
62.6%, 5796.4 . ( 2.5).
II 2010. 5.9%,
.


:
. ,

54.7% III
2009. ( 2970.9
. ).
,

12 .

2.5.
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80.0
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III
.

2008.
:

1
2

IV
.

I . II .

III
.

2009.

IV
.

I . II .
2010.

III
.

35.2%

.
M3 M2 .

27

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. ,
,
3.1 III 2009.

, 72.0% III 2009.
75.1%
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.
III 2008., . , III
2010. 6.4%
, 8985.0 . ( 2.6).

:
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120.0
2009. ( 4498.1 . )

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).

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.
.
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2008.
2009.
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:
,

III 2010. 2009.

. , 14.7%,
21.0% 12.0%.
.

20102012.,
, .
, ,
,
. ,

. ,
, 7.0% III 2010.

. ,

28

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2.7.

6 12 MDL (%)

24.0
22.0
20.0
18.0
16.0
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( 2.7).

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2010. 0.72
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.

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.

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.

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8.0

2008.

2009.

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25.0
20.0
15.0
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.
.

.
.
.
.
.
.
.
.
.

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2008.

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)

2009.
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6 12
II 2010. 6.22
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8.0

6.0
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IV
.

I . II . III .

IV
.

I . II . III .

2008.
2009.
2010.

,
,
,
III 2010.

29

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2.10.
,

(.2000-100%)

( ,
)

NEER
REER

.2006.
.2007.
.
.

.
.
.
.
.
.
.
.
.

.
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.
.
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.
.

150.0%
140.0%
130.0%
120.0%
110.0%
100.0%
90.0%
80.0%

,
,

2008

2009

2010

2.11.

. 2010.

(-) / (+)

-1.2

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2.12.

. USD

5.0

4.5
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3.0

2009.
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4

(REER),
2000.
, III
2010. 0.9
( 2.10).
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,

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62.9%,
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2.4 .

III 2010.

6.4%,
4.4%.

III 2010.
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. USD, 13.9%, 1421.8 .
USD 30 2010. 1619.3 .
30 2010.,
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4
1600 4.4
1400
( 2.12).
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1000
800

600
40.0 . (60.7 .
400
200
)
0

20.0
. (30.3 . )

2000.
2010.

30

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30 2010. III
2010. :
2.1. (. )

345.6 . ),

30.09.2010 30.09.2010
(%)
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(28.4
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10999.4
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. 25

5.0 . USD.

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III.

III 2010. .

, ,
.
, ,
.

,
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4.8%

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( ).
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7.5%.
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,
. ,
,
, . ,
80.9 88.6 USD , .
.

32

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, ,
2009., ,
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,
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7.8%, 0.4
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2010. .
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.



,

,
2011. 7.3%
.
2012.

- 5.0%.
2010.
4.0%,

3.9%.

, -
33

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, ,

, .
futures
.
7.8% IV
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, , ,
.

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),
.
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. ,
.
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,
2011 .

34

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