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Central bank in April bought currency totaling US$ 57.5m


https://www.ipn.md/index.php/en/central-bank-in-april-bought-currency-totaling-us-575m-7966_1048897.html

The degree of covering the net demand of currency from business entities by the net supply of currency from private individuals this April represented 124.4%, as opposed to 120.3% this March, IPN reports.

According to the National Bank of Moldova, the net supply of currency from private individuals in April rose by US$ 70.1 million (+50.6%), while the net demand of currency from business entities – by US$ 52.5 million (+45.6%). In such conditions, the central bank intervened and bought currency totaling US$ 57.5 million.

The European common currency continued to prevail in the structure of the net supply of currency from private individuals, with 73.1%.

The Moldovan lei in April deprecated by 2.9% on average against the U.S. dollar to 17.6777 USD/MDL, as against 17.1859 USD/MDL in March.