The National Bank of Moldova published its monthly foreign exchange market statistics for January 2026, showing that net foreign currency supply from individuals covered 90.3% of the net foreign currency demand from economic agents. With both flows down month on month, the central bank intervened in the local interbank market through foreign currency sales of EUR 2.0 million. Net foreign currency supply from individuals fell by EUR 77.4 million (-25.1%) to EUR 231.3 million, while net foreign currency sales to legal persons declined by EUR 79.1 million (-23.6%) to EUR 256.2 million, taking the coverage ratio down from 92.1% in December 2025. The average EUR/MDL exchange rate moved from 19.7993 in December 2025 to 19.8771 in January 2026. Euros remained the dominant currency in individuals’ net supply (71.9%), with net amounts of EUR 166.4 million in EUR, EUR 38.5 million in USD, and EUR 26.3 million in other currencies (mainly GBP).
National Bank of Moldova 2026-02-20
National Bank of Moldova reports January 2026 FX market coverage ratio at 90.3% and sells EUR 2.0 million in the interbank market
The National Bank of Moldova's January 2026 foreign exchange market statistics reveal that net foreign currency supply from individuals covered 90.3% of the demand from economic agents, with both flows declining month on month. The central bank intervened by selling EUR 2.0 million in the interbank market. The EUR/MDL exchange rate increased slightly to 19.8771, with euros comprising 71.9% of individuals' net supply.