Moldovan leu continues appreciation against single European currency

Chisinau, 13 July /MOLDPRES/ - The Moldovan leu continues its appreciation against the single European currency. On 16 July, the euro will have an official exchange rate of 19.39 lei, by 0.04 lei less than today.     

At the same time, the U.S. dollar’s exchange rate on 16 July will go up by 0.02 lei, standing at 16.68 lei, according to the exchange rate posted by the National Bank of Moldova (BNM).   

The Romanian leu’s exchange rate will be by 0.01 lei cheaper and will cost 4.16 lei. On the other hand, the Ukrainian hryvnia will keep its exchange rate of 0.63 lei. The Russian rouble will stand at the 13 July level - 0.26 lei.

The official exchange rate represents the price of the Moldovan leu against the currencies of other countries. The rate is calculated based on the exchange rates set by the banks licenced in transactions of purchase/sale of currencies carried out with their clients and with other banks. Thus, the official exchange rate shows the ratio between the demand and supply of currencies on the country’s currency market.  

(Reporter N. Sandu, editor A. Raileanu)