USD/MDL - 17.90 ▲ 0
EUR/MDL - 20.02 ▲ 0
VMS_91 - 3.03%
VMS_364 - 9.54%
BONDS_2Y - 7.40%
SP500 - 778.57 ▲ 0.6%
GOLD - 4,146.46 ▲ 0.89%
SILVER - 59.54 ▼ 0.42%
EURUSD - 1.12 ▲ 0%
BRENT - 114.16 ▲ 25.34%
GAS - 2.95 ▲ 6.12%

The Moldovan leu is losing ground against the dollar but gaining ground against the euro

On Moldova’s interbank foreign exchange market, the first ten days of October saw mixed trends in key currencies. According to data from the National Bank of Moldova (NBM), the Moldovan leu began to weaken moderately against the US dollar, whilst at the same time continuing to strengthen against the euro.
Irina Covalenco Irina Covalenco Reading time: 1 minute
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The US dollar showed an upward trend at the start of the month. Whilst the official exchange rate stood at 17.71 lei per dollar on 1 October, by the end of the first ten days of October the NBM had set it at 17.9003 lei. Traders attribute the rise in demand for the dollar on the interbank market both to the global strengthening of the US currency and to importers’ initial purchases ahead of the winter season.

At the same time, the euro has fallen significantly. Having started the month at 20.12 lei per euro, by the weekend of 10–11 October the NBM’s official exchange rate had fallen to 20.0179 lei, coming very close to the psychological threshold of 20 lei.

Experts note that the market is operating in a stable manner, without sharp speculative fluctuations, and that the current fluctuations are in line with global trends and seasonal domestic factors.

This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.


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