The National Bank of Moldova published an update on its foreign exchange market activity, outlining how it conducts and reports interventions and disclosing the latest interbank volumes for spot and swap operations. The published statistics show spot sales totalling USD 51.9 million (USD equivalent) and swap purchases totalling USD 2.021 million, with no forward operations reported. The central bank distinguishes between direct spot purchases or sales of foreign currency against Moldovan lei, which affect the money supply, and foreign exchange swaps used for adjustments, which are reversible and do not have a long-term impact on the money supply. Transactions are recorded on the trade date, with USD equivalents calculated using monthly average exchange rates; swap volumes are calculated as a daily weighted average based on the swap tenor, and non-cash foreign exchange market information is published monthly by the last day of the following month.

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