National Bank of Moldova publishes non-cash foreign exchange turnover statistics excluding central bank trades with intrabank spot sales of EUR 793.3 million

The National Bank of Moldova published monthly statistics on banks’ non-cash foreign exchange purchases and sales against the Moldovan leu, excluding the central bank’s own transactions. In EUR equivalent, spot turnover in the reporting period amounted to EUR 26.6 million of purchases and EUR 31.9 million of sales in the interbank market, and EUR 449.5 million of purchases and EUR 793.3 million of sales in the intrabank market. Interbank spot trades were almost entirely in euros (purchases EUR 26.6 million; sales EUR 28.4 million), alongside Romanian leu sales of EUR 3.5 million. In the intrabank segment, US dollar and euro transactions accounted for the bulk of volumes (USD purchases EUR 173.4 million and sales EUR 273.8 million; EUR purchases EUR 266.1 million and sales EUR 491.1 million), with smaller amounts across Russian rubles, Romanian leu, pounds sterling, Swiss francs, Ukrainian hryvnia and other currencies. The published tables show no SWAP or FORWARD turnover. The data are compiled from banks’ reports submitted under the framework for setting the official Moldovan leu exchange rate, with trades recorded on the transaction date and converted to EUR using monthly average exchange rates. The National Bank of Moldova notes that SWAP volumes are calculated as a daily weighted average based on the operation’s term, and that the non-cash FX market statistics are published monthly by the last day of the month following the reporting month.