The National Bank of Moldova published March 2026 foreign exchange market statistics showing that net foreign currency supply from individuals covered 92.0% of economic agents’ net foreign currency demand, down from 95.0% in February. The central bank reported it did not conduct interventions in the local foreign exchange market during the month. Month on month, net foreign currency supply from individuals rose by EUR 28.1 million (+11.6%) to EUR 270.9 million, while net foreign currency sales to legal entities increased by EUR 38.9 million (+15.2%) to EUR 294.6 million, driving the 3.0 percentage point fall in the coverage ratio. For January to March 2026, net supply from individuals totalled EUR 745.0 million versus EUR 806.5 million in net sales to legal entities, implying a 92.4% coverage ratio compared with 85.0% in January to March 2025. The average leu exchange rate against the euro moved from MDL 20.1250 per EUR in February to MDL 20.1430 per EUR in March, while the euro remained the largest component of individuals’ net foreign currency supply at 69.1%.
National Bank of Moldova 2026-04-21
National Bank of Moldova reports March 2026 FX coverage ratio slipped to 92% and confirms no market interventions
The National Bank of Moldova published March 2026 foreign exchange statistics showing that net foreign currency supply from individuals covered 92.0% of economic agents’ net foreign currency demand, down from 95.0% in February, with no central bank interventions. Month on month, net supply from individuals rose 11.6% to EUR 270.9 million and net sales to legal entities increased 15.2% to EUR 294.6 million, while for January to March 2026 the coverage ratio improved to 92.4% from 85.0% a year earlier.