Yesterday, March 11, Moldova's central bank resorted to massive interventions to maintain the exchange rate of the Moldovan leu, but that will not impede the currency exchange desks from displaying today, March 12, higher rates than yesterday. For the US dollar, the sell rate will be 11.00-11.05 and the buy rate 11.20-11.35. The Euro will be traded for 13.95-14.05, at the sell rate, and 14.30-14.50, at the buy rate, PhD Sveatoslav Mihalache, the director of the Financial Brains portal told Info-Prim Neo. Yesterday, the population's demand for both dollars and euros was high, but, contrary to some opinions, the exchange desks had no interest in this stir, thinks Mihalache. “It's a faulty belief to say that the exchange desks are engaged in speculations. There is a pair of elementary rules – the demand and the offer. When the population sells less, of course there will be fewer dollars at the exchange desks”. If we take all the private currency exchange desks in Moldova, approximately 250 in number, and multiply with 500,000 lei, the amount required to be held by each of them, we'll obtain a sum which is not able to destabilize the currency market, even if the exchange desks would badly want it, the expert explained. On the international market, the European currency saw a certain rise in value, but Sveatoslav Mihalache continues to believe that the Euro will depreciate, upholding the forecast that the parity EUR/USD in a couple of days will slide to 1.2500. To follow the developments of the main currencies throughout the day, visit www.fb.md