The National Bank of Moldova published its May 2026 foreign exchange market update showing that net foreign currency supply from individuals covered 91.1% of net foreign currency demand from economic agents, up from 80.5% in April. The increase came as corporate net demand fell faster than household net supply. The central bank did not intervene in the domestic foreign exchange market during the month. Compared with April, net foreign currency supply from individuals fell by EUR 13.9 million, or 5.0%, to EUR 264.7 million, while net foreign currency sales to legal entities fell by EUR 55.3 million, or 16.0%, to EUR 290.6 million. For January to May 2026, the coverage ratio stood at 89.3%, compared with 87.0% in the same period of 2025. In the structure of net foreign currency supply from individuals, the euro remained the main component with a 67.7% share, and the average exchange rate of the Moldovan leu against the euro moved from 20.2124 in April to 20.1620 in May.
National Bank of Moldova2026-06-22
National Bank of Moldova reports May foreign exchange coverage ratio rose to 91.1% with no market intervention
The National Bank of Moldova said net foreign currency supply from individuals covered 91.1% of companies' net foreign currency demand in May 2026, up from 80.5% in April. Household net supply fell 5.0% to EUR 264.7 million, while corporate net demand fell 16.0% to EUR 290.6 million. The central bank made no interventions in the domestic foreign exchange market.