Moldovan leu in January depreciated by 0.2% against U.S. dollar

The Moldovan leu depreciated by 0.2% against the U.S. dollar in average values the previous month, from 17.2567 USD/MDL last December to 17.2916 USD/MDL, IPN reports.

According to the National Bank of Moldova, the degree of covering the net demand of currency from business entities with the net supply of currency from private individuals in January 2021 was 93.7%, as against 105.6% in December 2020.

Compared with a month ago, the net supply of currency from private individuals declined by US$75.2 million (-30%), while the net demand of currency from business entities decreased by US$49.9 million (-21%).

The National Bank made net purchases in the amount of US$1.5 million from the local interbank market given the surplus of currency witnessed during the last decade of January.

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