FX forecast for Oct. 19
https://www.ipn.md/en/fx-forecast-for-oct-19-7966_978365.html
After the US dollar scended on the internal market, peaking during September 25-27, it experiences a reflux, which seems to have reached its low. Those who need dollars are advised to buy them now, when they cost 11.10 – 11.15 lei. “It is highly improbable that the dollar will decline further”, Financial Brains Director PhD Sveatoslav Mihalache has told Info-Prim Neo.
[EUR/USD:] On the external market, the euro hit again its record high this year, of $1.4966 (or approximately 16.70 translated in lei). Currently the European currency trades at $1,4880 as some indicators point to a possible correction after last week's surge. Financial Brains predicts for today a trading corridor between $1.4780 and $1.4920.
[USD/MDL:] Dollars will buy in Moldova at 11.03 – 11.07 lei and sell at 11.13 – 11.17.
[EUR/MDL:] 16.35 – 16.40 lei (bid) and 16.58 – 16.63 lei (ask).
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