Moldova will liberalize some capital currency transactions and allow transactions with foreign financial instruments without permission from the NBM
In particular, this is provided for by the relevant amendments to the Law on Currency Regulation, which the Moldovan Parliament adopted in the first reading. As noted by the Ministry of Finance, the main goal of the amendments is to liberalize some capital currency transactions by easing some restrictions and updating the legal framework. The amendments will provide greater freedom for investment, allowing transactions with foreign financial instruments without permission from the National Bank of Moldova. These include long-term financial instruments (with a remaining maturity of more than 5 years) issued by EU countries or the Organization for Economic Cooperation and Development (OECD), with a rating of at least category AA/Aa, assigned by a credit rating agency, as well as financial instruments in the form of shares or other mutual securities. Another change concerns the way exchange rates are displayed at exchange offices, where currencies will be presented in a clear and standardized order: euro and US dollar, then pound sterling, Romanian leu, Ukrainian hryvnia and, finally, other currencies. In particular, the Russian ruble will be classified as the third group of foreign currencies. The new version of the law stipulates that the import to/export from Moldova of cash national currency by licensed banks and non-resident banks is carried out without permission from the National Bank. The Ministry of Finance notes that the provisions of this draft law will contribute to expanding access of citizens and legal entities to international financial instruments; reducing currency barriers, as well as diversifying investment opportunities.//08.05.2025 – InfoMarket.
