News about Exchange rate
Currency strategists predict that the US dollar exchange rate will remain in a certain range in the near future and then weaken by the end of the year. Although analysts expected it to weaken, their confidence has waned in recent months and they now forecast a smaller decline or even a rise in the exchange rate. This is due to optimism about the imminent end of the conflict in the Middle East and its temporary impact on inflation.
The sanctions applicable to owners of exchange offices for circumventing currency transaction rules will be moved to the Contravention Code.
The euro’s share of the global market rose slightly to around 20%, lagging far behind the dollar despite inconsistent US policy. Investors are refocusing on gold and smaller currencies, with gold’s share of total reserves exceeding the euro and government bonds. ECB President Lagarde is calling for reforms in the EU to make the euro more attractive and sustainable globally.
Gold prices declined on Monday, June 1, amid the escalation of the conflict between the United States and Iran. Investors preferred to focus not on geopolitical risks, but on the consequences of rising oil prices, which may push the U.S. Federal Reserve to maintain high interest rates.
A Federal Reserve (Fed) spokesman cautions against viewing the oil shock as temporary, believing that policy tightening is possible if inflationary pressures do not abate. This could include not only a change in interest rates, but also a review of the Fed’s use of the balance sheet.
Gold prices fell in Asian trading after a series of U.S. strikes on Iran supported oil prices and the dollar.
A group of the world’s leading central banks and more than 40 major commercial banks are stepping up testing of one of the world’s most closely watched digital payments projects, Agora, as the race to modernize and dominate the international financial architecture heats up.
Resort real estate in Greece continues to rise in price, while the dynamics of prices remain heterogeneous depending on the segment and type of housing.
Shares of major cruise operators are rising noticeably amid a sharp drop in oil prices, which could significantly reduce their fuel costs.
Eurozone sovereign issuers have raised $4.6 billion of non-euro denominated debt since the beginning of 2026. Most of the borrowings are in US dollars and Swiss francs, but there are also subscriptions in Australian dollars and Chinese yuan.
International rating agency Fitch Ratings forecasts Moldova’s GDP growth in 2026-2027 at an average of 3%, given improving external reserve buffers and the authorities’ macroeconomic policies, which mitigate the risks of energy shocks, the agency said in a commentary published on Tuesday after Chisinau agreed a non-financial cooperation program with the IMF.
Uzbekistan, one of the world’s largest gold producers, resumed full-scale gold exports in April after a six-month hiatus.
The dollar, considered a defensive asset, is gaining ground amid renewed investor concerns. Negotiations are progressing, but a deal is not expected anytime soon. The dollar stabilized on Tuesday amid expectations of the reopening of the Strait of Hormuz and an end to the conflict with Iran. However, new U.S. strikes on Iranian facilities and statements about a long negotiation process cooled market optimism.
On the COMEX, a division of the New York Mercantile Exchange, gold futures for delivery in August are trading at $4,598.35 per troy ounce, up 0.92% at the time of this commentary.
The dollar fell on Monday as rising hopes led to lower yields and increased risk appetite. The weakening dollar and rising risk appetite was driven by recent news of progress in the US-Iran peace agreement, lower geopolitical tensions and falling oil prices, which reduced expectations of prolonged inflation.
Despite the statements of some experts that money transfers from abroad to Moldova are decreasing, the statistics show the opposite.
Experts have analyzed the situation in the market and told how it may change in the coming week.
Turkey’s state-owned banks were forced to make large-scale currency interventions following a court ruling against a Turkish opposition leader, and the stock market collapsed 6.1 percent in a short time.
In April 2026, the net demand of economic agents (legal entities) for foreign currency in Moldova was covered by the net supply from individuals by 80.5%. This indicator shows a decrease compared to March, when the level of coverage amounted to 92.0%. The main indicators and tendencies of the foreign exchange market, according to the official reports of the National Bank of Moldova (NBM), were formed under the influence of business activity recovery and servicing of external liabilities.
The drop in Arabica prices continues for the second month in a row. Since the beginning of May, coffee has fallen in price by 7.7%, and in April the decline amounted to 4.3%. Earlier this month, the cost has already broken through the psychological mark of 6 thousand dollars per ton – it happened for the first time since November 14, 2024. However, after that the market corrected upward a bit.
