Current Account in Moldova
Moldova - Current Account (billions of U.S. Dollars)The economy likely lost momentum in the final quarter after a slowdown in Q3. Retail sales rose at a slightly slower pace, on average, in the first two months of Q4 compared to the previous quarter, suggesting household spending weakened somewhat. Moreover, exports contracted in October and recorded feeble growth in November. In other news, the Central Bank recently approved the sale of a 64% stake in Moldindconbank, the country’s second-largest lender, to Bulgarian fund Doverie United Holding. This was the latest in a privatization drive in the banking sector aimed at boosting competition. Meanwhile, polls suggest that the pro-Russian Socialist party is set to win a majority in the 24 February parliamentary elections, which could lead to closer economies ties with Russia.
Moldova - Current Account (USD bn) Data
|Current Account Balance (USD bn)||-0.4||-0.4||-0.4||-0.3||-0.6|
5 years of economic forecasts for more than 30 economic indicators.
Moldova Current Account (USD bn) Chart
Source: National Bank of Moldova
|Exchange Rate||17.09||0.03 %||Feb 20|
|Stock Market||0.1||0.0 %||Nov 26|
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