The National Bank of Moldova published statistics on its activity in the interbank foreign exchange market, reporting spot sales of EUR 22.4 million equivalent and FX swap purchases of EUR 2.6 million equivalent. It also noted that it did not conduct any forward operations. The release explains that spot purchases and sales of foreign currency against the Moldovan leu affect the money supply, while FX swaps are reversible adjustment operations that do not have a long-term impact on the money supply. Transactions are recorded on the trade date, with EUR and USD equivalents calculated using monthly average exchange rates, and swap volumes reflected as a daily weighted average based on the swap term.
National Bank of Moldova 2025-02-26
National Bank of Moldova publishes FX market operations data showing EUR 22.4 million spot sales and EUR 2.6 million equivalent swap purchases
The National Bank of Moldova reported spot sales of EUR 22.4 million and FX swap purchases of EUR 2.6 million in the interbank foreign exchange market, with no forward operations conducted. Spot transactions affect the money supply, while FX swaps are reversible and do not have a long-term impact. Transactions are recorded on the trade date, with EUR and USD equivalents calculated using monthly average exchange rates.