The National Bank of Moldova published its January 2025 foreign exchange market data, showing that net foreign currency supply from individuals covered 81.1% of economic agents’ net foreign currency demand, up from 70.1% in December 2024. In this context, the central bank intervened on the local interbank market through sales totalling EUR 22.4 million. Net foreign currency supply from individuals was EUR 211.6 million, down EUR 1.2 million month on month (-0.6%) and up 9.1% versus January 2024. Net sales of foreign currency to legal entities were EUR 260.9 million, down EUR 42.7 million month on month (-14.1%) and up 31.0% versus January 2024. The Moldovan leu appreciated against the euro by 0.3% on average to 19.2957 MDL per EUR, and by 0.5% based on end-of-month values; the euro accounted for 60.7% of individuals’ net FX supply, followed by the US dollar at 29.5% and other currencies at 9.8%.
National Bank of Moldova 2025-02-21
National Bank of Moldova reports higher January 2025 FX demand coverage and EUR 22.4 million interbank sales
The National Bank of Moldova reported that in January 2025, net foreign currency supply from individuals covered 81.1% of economic agents’ demand, up from 70.1% in December 2024. The central bank intervened in the interbank market with EUR 22.4 million in sales. The Moldovan leu appreciated against the euro by 0.3% on average, with the euro comprising 60.7% of individuals’ net foreign exchange supply.