Currency market

The net demand for currency by economic entities was covered by the net supply by individuals 101% in May 2017 against 116.3% in April 2017

The net demand for currency by economic entities was covered by the net supply by individuals 101% in May 2017 against 116.3% in April 2017

22.06.2017

The net supply of foreign currency by individuals increased by $36.6 million (+26.6%) to $174.3 million. The net demand for FX by economic agents increased even more, by $54.2 million, (+45,8%) to $172.6 million. Under these circumstances, the average MDL/USD exchange rate strengthened 3.5% month-on-month from 19.3527 до 18.6677. According to NBM, such a rate is consistent with the upward trend, which has been keeping since the last week of April. Within two weeks, the FX surplus reached to USD 29 million, of which USD 10 million was bought by NBM. By the late May, NBM has bought USD 36 million ...
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