Central bank says it has sufficient foreign exchange reserves

The National Bank of Moldova assures that it has enough foreign exchange reserves to satisfy the demand for liquid money, Info-Prim Neo reports, quoting a communiqué from the bank. According to the quoted source, the increased demand for foreign currency is temporary, fueled by nonprofessional and groundless economic assertions that appeared in the press and aim to destabilize the situation on the given market. “The National Bank warns the population not to give way to the unfounded fuss on the domestic currency market fueled by the unjustified statements of certain economic analysts and not take unreasonable steps that can cause losses if the exchange rate of the Moldovan leu against the US dollar changes trend,” the communiqué says. The communiqué also says that the central bank “will use all the instruments available to prevent excessive fluctuations of the Moldovan leu’s exchange rate.”