NBM Does not Have Leis Exchange Rate Planned
OREANDA-NEWS. January 15, 2010. This was reported in the interview to newspaper “Komsomolskaya Pravda in Moldova "by the NBM president Dorin Dragutanu who noted that there are many things that affect the exchange rate such as the ratio of dollar vs. euro at the external markets and the National Bank can not always control them.
According to him, the NBM has certain amounts intended for the internal use. "Our goal is not the exchange rate but the price stability in the country", - he stressed. Dorin Dragutanu noted that sometimes the National Bank actively participates at the financial market, but the exchange rate is determined depending on the currency’s supply and demand. The latter is also affected by the remittances of Moldovan citizens from abroad, activity of the external trade partners of Moldova and, therefore, export-import transactions.
"The present situation shows that there are no prerequisites that leu will fall", - stressed the NBM president.
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