Euro, dollar to get cheaper against national currency in Moldova

16:48 | 10.07.2018 Category: Economic

Chisinau, 10 July /MOLDPRES/ – The European single currency (euro/€) will be cheaper by MDL 0,16 on 11 July and will cost MDL 19,52, according to the official exchange rates published by the National Bank of Moldova (BNM) today.

The same trend will be with USD ($). It will have a value of MDL 16,67 on 11 July, by 04 bani less than today.

The Romanian leu (RON) will also depreciate by 03 bani on 11 July, reaching value of MDL 04,19. Thus, the Ukrainian hryvnia (UAH) and Russian rouble (RUR) will remain at similar level as recently and will cost MDL 0,63 and MDL 0,26, respectively.

The official exchange rate is the price of the Moldovan leu against the currencies of other countries. It is calculated on the basis of the exchange rates established by the licenced banks in buying/selling transactions of currencies with their customers and other banks. As such, the official exchange rate reflects the ratio of demand to foreign exchange supply in the foreign exchange market of Moldova.

(Reporter N. Sandu, editor M. Jantovan)

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