ALBASAT
Society Top News

NBM intervenes on interbank market by selling US$5m

In April, the coverage of the net demand for foreign currency from economic agents through the net supply of foreign currency from individuals was 88.2%, compared to 86.6% in March, IPN reports.

According to the National Bank of Moldova, against the previous month, the net supply of foreign currency from individuals increased by US$23.6 million (+11.8%). The net demand for foreign currency from economic agents rose by US$22.6 million (+9.8%).

In these circumstances, the NBM intervened on the local interbank market by selling US$5.0 million.

Also, the Moldovan leu in April depreciated, in average values, by 0.5% against the U.S. dollar to 17.7919 USD/MDL compared to 17.7064 USD/MDL in March. According to values at the end of April, the leu depreciated by 1.0% against the U.S. dollar.

Related posts

Veaceslav Platon suspected of tax evasion worth over 7m lei

Albasat

No more than 15 candidates to contend in presidential election

AlbasatTV, Nisporeni

Support culture in Moldova is a constant and growing preoccupation for Romania, minister

AlbasatTV, Nisporeni

Leave a Comment