{"id":19627,"date":"2011-04-28T13:20:00","date_gmt":"2011-04-28T13:20:00","guid":{"rendered":"http:\/\/trainingsnews.com\/rezerve-valutare-si-rolul-lor-2"},"modified":"2011-04-28T13:20:00","modified_gmt":"2011-04-28T13:20:00","slug":"rezerve-valutare-si-rolul-lor-2","status":"publish","type":"post","link":"https:\/\/cvnextjob.com\/index.php\/2011\/04\/28\/rezerve-valutare-si-rolul-lor-2\/","title":{"rendered":"Rezerve valutare \u015fi rolul lor."},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p>Un capitol important de discu\u0163ie \u00een cadrul BPE este constituit de rezervele interna\u0163ionale, sau valutare, care constituie un tampon \u00eentre dezechilibru extern \u015fi implica\u0163iile sale \u00een spa\u0163iul na\u0163ional.<br \/>\n  Rezervele interna\u0163ionale  reprezint\u0103 mijloace de plat\u0103 de care dispune o \u0163ar\u0103 pentru a\u2013\u015fi pl\u0103ti datoriile fa\u0163\u0103 de str\u0103in\u0103tate, de a\u2013\u015fi echilibra balan\u0163a de pl\u0103\u0163i externe, sus\u0163inerea monedei na\u0163ionale, garantarea solvabilit\u0103\u0163ii externe. Ele se compun din aur, active, devize, crean\u0163e emise de FMI(DST) etc.<br \/>\nRezervele au destina\u0163ie special\u0103, ele \u00eendeplinesc func\u0163ia:<br \/>\n1. de asigurare a stabilit\u0103\u0163ii \u00een rela\u0163iile  economice,<br \/>\n2. stabilrea capacit\u0103\u0163ii tranzac\u0163iilor de c\u0103tre stat,<br \/>\n3. stabilrea capacit\u0103\u0163ii de stingere a unor obliga\u0163ii valutare \u00een context interna\u0163ional, <br \/>\n4. finan\u0163area deficitelor pe opera\u0163iunile curente, <br \/>\n5.  interven\u0163iei pe pia\u0163a valutar\u0103, \u00een vederea pre\u00eent\u00e2mpin\u0103rii cererii de moned\u0103.<br \/>\n  Sursa principal\u0103 de ob\u0163inere a rezervei valutare este  Bal\u0103n\u0163a de pl\u0103\u0163i  excidentare :<br \/>\nI.Contul Curent:<br \/>\n(1) Balan\u0163a comercial\u0103<br \/>\n          &#8211; exporturi (+)<br \/>\n          &#8211; importuri (-)<br \/>\n     (2) Comer\u0163ul invizibil: turism \u015fi alte activit\u0103\u0163i<br \/>\n     (3) Transferuri<br \/>\nII. Contul de Capital \u015fi Financiar:<br \/>\n    (4) Investi\u0163ii externe (+;-)<br \/>\n    (5) Credite \u015fi Crean\u0163e Externe<br \/>\n    (6) Rezerve interna\u0163ionale (+;-)<br \/>\nIII. Erori \u015fi omisiuni.<br \/>\nPentru echilibrarea balan\u0163ei de pl\u0103\u0163i ,deseori, se recurge la pia\u0163a financiar\u0103 interna\u0163ional\u0103, \u00eemprumuturi externe \u015fi acordurile cu institu\u0163iile financiare interna\u0163ionale.<br \/>\nRezervele valutare ale BNM au dep\u0103\u015fit 400 milioane de dolari .<br \/>\nActivele oficiale de rezerv\u0103 ale B\u0103ncii Na\u0163ionale au constituit, la sf\u00eer\u015fitul lunii noiembrie 2006, 405,9 milioane USD, fiind cel mai \u00eenalt nivel \u00eenregistrat de la introducerea \u00een circula\u0163ie, la 29 noiembrie 1993, a leului moldovenesc. La 31 decembrie 2003 rezervele valutare au fost estimate la 302,2 milioane USD. <br \/>\n\u00cen condi\u0163iile unei oferte semnificative de valut\u0103 pe pia\u0163a valutar\u0103 intern\u0103, generat\u0103 \u00een mare parte de transferurile efectuate de reziden\u0163ii Republicii Moldova afla\u0163i la munc\u0103 \u00een afara \u0163\u0103rii, Banca Na\u0163ional\u0103 a cump\u0103rat peste 240 milioane USD, totodat\u0103 aceasta a avut de rambursat credite primite de la Fondul Monetar Interna\u0163ional, iar \u00een mai a acordat Guvernului un \u00eemprumut \u00een lei moldovene\u015fti echivalent cu circa 50 milioane USD pentru r\u0103scump\u0103rarea cambiilor de la concernul rus &#8220;Gazprom&#8221;. <br \/>\nBNM a reu\u015fit s\u0103 restabileasc\u0103 rezervele valutare la cota dinaintea crizei financiare ruse din anul 1998 care a afectat \u00eentreaga regiune, inclusiv Republica Moldova \u015fi a condus la mic\u015forarea rezervelor valutare, de circa 2,5 ori, p\u00een\u0103 la nivelul de 143 milioane USD. Potrivit anali\u015ftilor economici independen\u0163i, probabil c\u0103 BNM \u00eencearc\u0103 s\u0103-\u015fi refac\u0103 un stoc considerat normal de rezerve valutare cu scopul ca Moldova s\u0103 aib\u0103 mai mult\u0103 credibilitate (s\u0103-\u015fi refac\u0103 imaginea) at\u00eet pe pie\u0163ele interna\u0163ionale de capital, c\u00eet \u015fi \u00een fa\u0163a finan\u0163atorilor externi.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Un capitol important de discu\u0163ie \u00een cadrul BPE este constituit de rezervele interna\u0163ionale, sau valutare, care constituie un tampon \u00eentre dezechilibru extern \u015fi implica\u0163iile sale \u00een spa\u0163iul na\u0163ional. Rezervele interna\u0163ionale reprezint\u0103 mijloace de plat\u0103 de care dispune o \u0163ar\u0103 pentru a\u2013\u015fi pl\u0103ti datoriile fa\u0163\u0103 de str\u0103in\u0103tate, de a\u2013\u015fi echilibra balan\u0163a de pl\u0103\u0163i externe, sus\u0163inerea monedei [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/posts\/19627"}],"collection":[{"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/comments?post=19627"}],"version-history":[{"count":0,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/posts\/19627\/revisions"}],"wp:attachment":[{"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/media?parent=19627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/categories?post=19627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/tags?post=19627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}