CHISINAU (Reuters) -Moldova’s central bank cut its main interest rate to 20% from 21.5% on Monday, the bank’s governor said.
Governor Octavian Armasu announced the rate change at a briefing, where he also said that the Moldovan banking system had gained liquidity to the tune of 3.2 billion Moldovan Lei ($164.52 million).
“The (National Bank of Moldova) creates more attractive conditions for providing credit to the real economy and population,” Armasu said.
($1 = 19.4500 Moldovan lei)
(Reporting by Alexander Tanas and Pavel Polityuk, writing by Max Hunder, editing by Timothy Heritage, William Maclean)
