“The Executive Committee of the National Bank of Moldova unanimously decided to increase the base rate applied to the main short-term monetary policy operations by 3 percentage points to 15.5% per annum,” TASS quoted him as saying.

At the same time, interest rates on overnight loans increase by 3% - from 14.5% to 17.5% per annum and on overnight deposits by 3% - from 10.5% to 13.5% per annum.

Earlier, the Bank of England raised its base interest rate from 0.75% to 1% amid rising inflation.