Generare
The activity of the National Bank of Moldova in the foreign exchange market is conducted in strict accordance with the objectives of its monetary and exchange rate policy. The National Bank of Moldova uses, as instruments of foreign exchange intervention, both direct operations (spot purchases or sales of foreign currency against Moldovan lei), which influence the money supply, and adjustment operations (foreign exchange swaps), which are reversible instruments and do not have a long-term impact on the money supply. Transactions are recorded on the transaction date. The euro equivalent is calculated using the monthly average official exchange rates of the Moldovan leu against the euro and the respective foreign currency. Information on the non-cash foreign exchange market is published monthly, by the last day of the month following the reporting period. Method for calculating the volume of SWAP operations: it is a daily weighted average, based on the maturity of the SWAP operation (number of days). Example: a SWAP of EUR 10 million with a 15-day maturity in a month with 30 calendar days is reflected as EUR 5 million.