The National Bank of Moldova published statistics on its non-cash foreign exchange market operations and explained the methodology used to report its interventions. The data show spot foreign-currency sales equivalent to EUR 64.0 million and foreign exchange swap purchases equivalent to EUR 9.6817 million, with no forward operations carried out. The publication distinguishes between direct spot purchases or sales against Moldovan lei, which affect the money supply, and adjustment operations via foreign exchange swaps, which are reversible and do not have a long-term impact on the money supply. Transactions are recorded on the trade date, and amounts are converted into EUR and USD equivalents using monthly average exchange rates; swap volumes are reported using a daily weighted-average approach based on the swap term (for example, a EUR 10 million swap with a 15-day term in a 30-day month is reflected as EUR 5 million). Non-cash foreign exchange market information is published monthly by the last day of the month following the reporting month.
National Bank of Moldova 2025-08-28
National Bank of Moldova publishes foreign exchange intervention data showing EUR 64 million spot sales and EUR 9.7 million swap purchases
The National Bank of Moldova reported non-cash foreign exchange market operations, detailing spot foreign-currency sales of EUR 64.0 million and swap purchases of EUR 9.6817 million, with no forward operations. Spot transactions impact the money supply, while swap operations are reversible and have no long-term effect. Transactions are recorded on the trade date and converted into EUR and USD using monthly average exchange rates.