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The National Bank of Moldova (NBM) did not make any transactions on the interbank foreign exchange market in July, as it did a month earlier

The National Bank of Moldova (NBM) did not make any transactions on the interbank foreign exchange market in July, as it did a month earlier

According to the National Bank, the last spot transactions were registered in April, when the NBM sold $5 million, as well as in January, when the bank purchased $10 million. It should be noted that in July last year the National Bank purchased $46.5 million on the interbank foreign exchange market. As currency interventions, the National Bank of Moldova uses direct operations (SPOT transactions of purchase or sale of foreign currency for Moldovan lei), which affect the money supply, and regulatory operations (currency swaps), which are reverse instruments and do not affect the money supply in the long term. // 19.08.2024 - InfoMarket

News on the subject

In Moldova, in January-June 2024, the degree of coverage of companies' net demand for foreign currency by its net supply from individuals amounted to 92.9% versus 105.5% in the same period a year earlier
In Moldova, in January-June 2024, the degree of coverage of companies' net demand for foreign currency by its net supply from individuals amounted to 92.9% versus 105.5% in the same period a year earlier
The National Bank of Moldova did not make any transactions on the interbank foreign currency market in June 2024, as in the month before
The National Bank of Moldova did not make any transactions on the interbank foreign currency market in June 2024, as in the month before
Foreign currency reserves of the National Bank of Moldova in 2023 increased by $978.97 million (+21.9%) and reached a new historical maximum of $5 billion 453.14 million on December 29.
Foreign currency reserves of the National Bank of Moldova in 2023 increased by $978.97 million (+21.9%) and reached a new historical maximum of $5 billion 453.14 million on December 29.
In 2023, the Moldovan leu (MDL) appreciated against the USD by 9.1% and against the EUR by 5%.
In 2023, the Moldovan leu (MDL) appreciated against the USD by 9.1% and against the EUR by 5%.
The foreign currency reserves of the NBM in August 2023 decreased, compared to the previous month, by $209.28 million (-4.2%), amounting to $4 billion 817.97 million.
The foreign currency reserves of the NBM in August 2023 decreased, compared to the previous month, by $209.28 million (-4.2%), amounting to $4 billion 817.97 million.
The NBM's foreign exchange reserves decreased by $43.1 million (-0.9%) during the last reporting week, amounting to $4 billion 765.65 million as of August 25.
The NBM's foreign exchange reserves decreased by $43.1 million (-0.9%) during the last reporting week, amounting to $4 billion 765.65 million as of August 25.