The National Bank of Moldova (BNM) published its foreign exchange market indicators for September 2025, showing that net foreign currency demand from economic agents was 83.6% covered by net foreign currency supply from individuals, up from 79.2% in August. In this context, BNM intervened in the domestic interbank market through net sales of EUR 4.0 million. Month on month, net foreign currency supply from individuals fell by EUR 38.3 million to EUR 257.7 million, while net foreign currency demand from economic agents decreased by EUR 65.3 million to EUR 308.3 million. For January to September 2025, net supply from individuals totalled EUR 2,349.2 million and net sales of foreign currency to legal entities reached EUR 2,820.3 million, resulting in a coverage ratio of 83.3% versus 91.4% in January to September 2024. The average leu to euro exchange rate moved from 19.5715 in August to 19.5250 in September, and the euro remained the largest component of individuals’ net foreign currency supply at 72.9%.
National Bank of Moldova 2025-10-21
National Bank of Moldova reports September rise in FX demand coverage and net sales of EUR 4 million on the interbank market
The National Bank of Moldova reported that in September 2025, net foreign currency demand from economic agents was 83.6% covered by net supply from individuals, up from 79.2% in August. The BNM intervened in the interbank market with net sales of EUR 4.0 million. The average leu to euro exchange rate slightly decreased from 19.5715 in August to 19.5250 in September.