Moldova's Ministry of Finance announced that the Government has approved its draft law to amend Law No. 62/2008 on foreign exchange regulation, aiming to liberalise certain capital foreign exchange operations and update the legal framework. The package relaxes restrictions on specific cross-border investment transactions and introduces a standard format for how exchange offices display currency rates. Under the approved amendments, citizens and legal entities would be able to carry out certain transactions in foreign financial instruments without authorisation from the National Bank of Moldova, including long-term government securities with maturities over five years issued by European Union or OECD countries with a minimum AA/Aa rating. The draft also covers shares or bonds issued by companies or groups with the same rating, provided they are from states that meet the same criteria. Separately, currency exchange offices would be required to display currencies in a fixed order, starting with the euro and US dollar, followed by the pound sterling, Romanian leu, Ukrainian hryvnia, and then other currencies.
Ministry of Finance (Moldova) 2025-04-16
Moldova's Ministry of Finance secures government approval for draft law liberalising capital foreign exchange operations
Moldova's Ministry of Finance announced the Government's approval of a draft law amending Law No. 62/2008 to liberalise certain foreign exchange operations. The amendments allow transactions in foreign financial instruments without National Bank of Moldova authorisation, including long-term government securities and corporate bonds from EU or OECD countries with a minimum AA/Aa rating. Additionally, currency exchange offices must display currencies in a fixed order, starting with the euro and US dollar.