FX forecast for Mar.17
https://www.ipn.md/en/fx-forecast-for-mar17-7966_974565.html
“It's way harder to calm the market than to shake it”, this is how PhD Sveatoslav Mihalache, the director of the portal Financial Brains, explains the phenomena that occurred on the Moldovan currency market last week.
Whereas the midweek exchange rate for the US dollar jumped to 11.40-11.60, the National Bank, using a number of methods, managed to quiet the dragons. So by Friday, the commercial banks displayed a sell rate of 10.82 and a buy rate of 10.97 for the dollar. Shortly, the private exchange facilities followed their example.
Today, Sveatoslav Mihalache forecasts the dollar to be traded at 10.82-10.86 (sell rate) and 10.95-10.99 (buy rate). The European currency will be bought at the exchange desks at a rate of 14.05 and sold at 14.20-14.25.
To follow the developments of the main currencies throughout the day, visit www.fb.md.
