The National Bank of Moldova published its monthly disclosure of foreign exchange market activity for January 2026, detailing its spot interventions and foreign exchange swap operations in the interbank market. The figures show spot sales of EUR 2.0 million and swap purchases equivalent to EUR 9.363 million, and confirm that no forward transactions were carried out. The release explains that spot purchases or sales against the Moldovan leu affect the money supply, while swap operations are reversible adjustment tools that do not have a long-term impact on the money supply. Transactions are reported as of the trade date and converted into euro using monthly average exchange rates; swap volumes are calculated as a daily weighted average based on the tenor of each swap.
National Bank of Moldova 2026-02-23
National Bank of Moldova reports January 2026 foreign exchange market operations with EUR 2 million spot sales and EUR 9.363 million swap purchases
The National Bank of Moldova disclosed its January 2026 foreign exchange market activity, reporting spot sales of EUR 2.0 million and swap purchases equivalent to EUR 9.363 million, with no forward transactions. Spot transactions impact the money supply, while swaps are reversible and do not affect long-term supply. Transactions are reported in euros using monthly average exchange rates, with swap volumes calculated as a daily weighted average.