Diaspora remittances rise, boosting Moldova’s economy
English
EUR/MDL - 20.28 0.005
USD/MDL - 17.36 0.3406
VMS_91 - 3.03%
VMS_364 - 9.54%
BONDS_2Y - 7.40%
GOLD - 4,706.34 0.82%
EURUSD - 1.17 0%
BRENT - 103.13 45.48%
SP500 - 708.45 0.39%
SILVER - 76.87 0.78%
GAS - 3.04 16.02%

The diaspora took care of the currency influx

After a decline in previous years, diaspora remittances have shown an upward trend since the beginning of 2026, remaining an important source of support for the solvency of the Moldovan population. In March, $175 million was received. This is more than in January and February and even surpassed the record of the traditionally peak December 2025 ($173.77 million).
Ирина Коваленко Reading time: 1 minute
Link copied
money transfer

In total, $442 million was received in 3 months compared to $356 million in the same period in 2025.This revitalized the cash FX market and supported net demand for foreign exchange from businesses, although not fully.

The increase in currency inflows contributed to the growth of net supply of foreign currency from individuals, which in March grew by 11.6% (or by €28.1 million) compared to February.

The structure of transfers is dominated by the euro (a share of about 84%), while the share of the US dollar is about 16%. Regardless of the transfer currency, about 10% of their total volume are issued or credited to the recipient’s account in Moldovan lei, 80% in Euro and 10% in US dollars. Transfers in rubles have been practically absent since March 2022.

By mode of receipt, about $93 million (more than half of the March volume) was received through fast money transfer systems. More than half of the money transfers continue to come from the European Union countries (Italy, Germany, France, Ireland, Romania), providing an inflow of Euros.



Реклама недоступна
Must Read*

We always appreciate your feedback!

Read also