The National Bank of Moldova published monthly foreign exchange market indicators showing that, in December 2024, net foreign currency supply from individuals covered 69.9% of economic agents’ net foreign currency demand, up from 48.3% in November. Against this backdrop, the central bank intervened in the local interbank market through foreign currency sales of USD 55.9 million. Month on month, net foreign currency supply from individuals increased by USD 60.3 million (+37.2%) to USD 222.5 million, while net foreign currency sales to legal entities fell by USD 17.9 million (-5.3%) to USD 318.1 million. Over January–December 2024, the net supply from individuals totalled USD 3,040.0 million and net sales to legal entities USD 3,580.0 million, with a coverage ratio of 84.9% versus 101.7% in 2023. The average USD/MDL exchange rate rose by 1.6% to 18.3569, and the end-month rate increased by 1.1%; the euro accounted for the largest share of individuals’ net FX supply at 53.4% in December.
National Bank of Moldova 2025-01-21
National Bank of Moldova reports December 2024 FX market data as coverage ratio rises to 69.9% and it sells USD 55.9 million
The National Bank of Moldova reported that in December 2024, net foreign currency supply from individuals covered 69.9% of economic agents’ demand, up from 48.3% in November. The central bank intervened by selling USD 55.9 million in the interbank market. The average USD/MDL exchange rate rose by 1.6% to 18.3569, with the euro comprising 53.4% of individuals’ net FX supply.