Real Economy, no.4

Publishing date: Saturday, 28 June 2008
Views: 11861

Developments in May-June indicate over the continuous revival of the industrial sector, amid deepening inflationary pressures related to increasing food prices, energy and the inflows of foreign currency in the country. In these circumstances, the National Bank tightened remarkably the anti-inflationary policy measures. Lower level of interventions on the foreign exchange market led to strong appreciation of MDL and caused major political debates and accusations targeting the National Bank. Find out what is the right strategy for Moldova in issue no. 4 of Real Economy.

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