The Moldovan leu in April depreciated by 1.3% against the U.S. dollar in average values down to 17.9600 USD/MDL, as against 17.7311 USD/MDL in March. According to the values at end-April, the leu depreciated by 1.2% against the U.S. dollar, IPN reports.
According to the National Bank of Moldova, the degree of covering the net demand for currency from business entities by the net supply of currency from private individuals in April was 94.2%, as opposed to 85.69% in March.
Against the previous month, the net supply of currency from private individuals rose by US$32.6 million (+16.6%), while the net demand for currency from business entities – by US$13.8 million (+6%). The Bank intervened and sold currency totaling US$9 million on the local interbank market.
