News about Exchange rate
Weak employment data, which reduces the likelihood of a Fed rate hike, was the most likely cause of the U.S. dollar’s decline. The dollar index fell 0.6% over the week, its biggest drop since April.
Turkey has submitted an official application to the European Payments Council (EPC) expressing its intention to join the Single Euro Payments Area (SEPA). The document emphasizes that Ankara’s participation in this area will enable faster, safer, and cheaper cross-border transfers, which will give a powerful boost to mutual trade and investment with European Union countries.
The National Bank of Moldova (NBM) ended 2025 with a loss of 873 million lei, while the year before, the regulator posted a record net profit of 6 billion lei. Over the year, the financial result deteriorated by almost 7 billion lei, according to the published financial statements.
In the coming decade, the number of central banks planning to reduce the share of the U.S. dollar in their reserves will exceed the number of those intending to increase it. According to the results of a survey of sovereign investors published by the London-based think tank OMFIF (Official Monetary and Financial Institutions Forum), against the backdrop of growing political risks associated with the U.S. currency, a clear trend toward reducing dollar reserves has been observed for the first time.
An unusual situation has emerged in the digital asset market: stablecoins pegged to the Turkish lira have surpassed euro-denominated tokens in terms of transaction volume. According to Zodia Markets, a subsidiary of Standard Chartered, the volume of on-chain transfers in lira reached $3.4 billion in 2025.
The European currency is rapidly losing value, having given up all the gains it made in the spring. Against the backdrop of a strengthening dollar, the euro could fall to $1.10. Investors are becoming increasingly convinced that falling oil prices and clear signs of a slowdown in the Old World’s economy are reducing the likelihood of another tightening of the European Central Bank’s monetary policy.
On Wednesday, the U.S. dollar continued to strengthen, reaching a new 13-month high against a basket of major currencies. Investors sought shelter from the sharp decline in tech stocks and braced for a possible interest rate hike by the Federal Reserve (Fed).
In May, Moldova’s foreign exchange market saw a decline in trading volumes, reflected in a 16% drop in net demand from companies. At the same time, 91.1% of the net demand from economic agents (legal entities) was met by supply from individuals. The National Bank publishes data on foreign exchange market conditions, noting that it did not intervene in the market during the reporting month.
Exchange-traded funds, which are considered a traditional indicator of institutional interest in Bitcoin, have recorded record capital outflows since their launch more than two years ago.
The dollar remained stable on Monday thanks to investors’ optimistic expectations regarding a deal between the U.S. and Iran, while the pound was caught in the political crossfire and fell sharply following the resignation of Prime Minister Keir Starmer.
The Egyptian pound has become the world’s best-performing currency following a sharp drop in oil prices resulting from the U.S.-Iran agreement to reopen the Strait of Hormuz — a move that is expected to restore supplies and ease inflation fears, according to Bloomberg.
The dollar edged lower on Wednesday ahead of the first Federal Reserve meeting under Kevin Warsh’s leadership. Optimism over a temporary peace agreement between the U.S. and Iran is supporting risk appetite and reducing demand for the safe-haven currency.
The agreement between the U.S. and Iran extends the fragile ceasefire announced in April by 60 days and reopens the Strait of Hormuz, but investors no longer trust the apparent calm and are focusing on regulatory actions. This week, they are awaiting meetings of central banks, including the Bank of England and the U.S. Federal Reserve, to assess whether the end of the conflict came too late to mitigate short-term inflation risks.
China’s export machine continues to impress with its strength. The country ended last year with the largest merchandise trade surplus in world history ($1.2 trillion), underscoring the continued competitiveness of its manufacturing sector. But the money earned is no longer going to the same places as before.
Gold is losing its luster in the eyes of Wall Street’s biggest banks. For instance, UBS has revised its forecasts for the precious metal, lowering its price targets by $300–$900 per troy ounce. A strong U.S. economy and expectations of tighter monetary policy from the Federal Reserve are shifting market sentiment.
As of June 1, Belarus’s gold and foreign exchange reserves (GFXR) had declined by $228.6 million to $15.038 billion. Experts from the Eurasian Development Bank cited the reasons for this decline.
The dollar hit a near two-month high on Monday amid a strong U.S. jobs report that boosted expectations of an interest rate hike by the Federal Reserve (Fed) this year.
Bitcoin rose slightly on Monday, stabilizing after a sharp drop last week. Sentiment in the crypto market remains fragile amid ongoing institutional selling and rising tensions in the Middle East.
On June 5, bitcoin (BTC) fell below $60 thousand per coin, losing more than 6% per day and almost 20% since the beginning of the month. At the same time, the price of Ethereum (ETH) fell below $1.6 thousand, losing more than 10% per day and more than 20% of its value since June 1.
The top 10 major cryptocurrencies that rose up to 130% amid bitcoin’s collapse.
