FX forecast for Mar.31

- [USD/MDL:] The leu is expected to appreciate slightly against the dollar, in a customary way, as Eastertide approaches, Financial Brains director PhD Sveatoslav Mihalache has told Info-Prim Neo. Whereas today we will still be able to see bid rates of 12.33 lei, that will be unlikely starting tomorrow. Yet it is a favorable period for purchases of dollars. Ask rates will be around 12.43 lei, against the prediction that, eventually, the dollar will come to cost 12.50-60 lei. [EUR/USD:] After unsuccessfully testing the $1.3540 level yesterday, the euro rebounded to $1.3400, where it trades currently. The chain reactions triggered by Greece’s budget-related problems continue to dominate the euro zone, as Spain and Italy appear under pressure. If their ratings are also downgraded, chances are high that the euro will reach $1.31. [EUR/MDL:] 16.50 – 16.57 lei (bid); 16.70 – 16.75 (ask). For further details visit www.fb.md or www.financialbrains.eu