{"id":41487,"date":"2013-08-29T13:11:24","date_gmt":"2013-08-29T17:11:24","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=41487"},"modified":"2013-08-29T13:11:24","modified_gmt":"2013-08-29T17:11:24","slug":"moldova-holds-rate-steady-at-3-5","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/08\/29\/moldova-holds-rate-steady-at-3-5\/","title":{"rendered":"Moldova holds rate steady at 3.5%"},"content":{"rendered":"<p>By <a href=\"http:\/\/www.centralbanknews.info\/\"><u>www.CentralBankNews.info<\/u><\/a> &nbsp; &nbsp; Moldova&#8217;s central bank held its basic rate steady at 3.5 percent for the fifth month in a row, along with its other main rates, the rate on overnight deposits and the overnight lending rate, at 0.5 percent and 6.5 percent, respectively.<br \/>&nbsp; &nbsp; The National Bank of Moldova last cut its rate in April by 100 basis points.<br \/>&nbsp; &nbsp; Last month the central bank said the main risks is was facing were from deflation from Europe, Russia and international food prices while inflationary pressures could arise from a recovery in domestic demand and higher oil prices.<br \/>&nbsp; &nbsp; Moldova&#8217;s inflation rate eased to 4.3 percent in July from 5.5 percent in June, in line with the bank&#8217;s forecast for this year. In 2014 inflation is forecast at 3.8 percent, below the bank&#8217;s 5.0 percent target.<br \/>&nbsp; &nbsp; Moldova&#8217;s Gross Domestic Product expanded by an annual 3.5 percent in the first quarter, up from a 2.5 percent contraction in the previous quarter.<\/p>\n<p>&nbsp; &nbsp; <a href=\"http:\/\/www.centralbanknews.info\/\">www.CentralBankNews.info<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By www.CentralBankNews.info &nbsp; &nbsp; Moldova&#8217;s central bank held its basic rate steady at 3.5 percent for the fifth month in a row, along with its other main rates, the rate on overnight deposits and the overnight lending rate, at 0.5 percent and 6.5 percent, respectively.&nbsp; &nbsp; The National Bank of Moldova last cut its rate &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/08\/29\/moldova-holds-rate-steady-at-3-5\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Moldova holds rate steady at 3.5%&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-41487","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/41487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=41487"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/41487\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=41487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=41487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=41487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}