Recent Developments in the Foreign Exchange Market in the Republic of Moldova

Abstract

The foreign exchange market in the Republic of Moldova plays a crucial role in ensuring economic stability. This paper analyzes recent developments, highlighting factors influencing exchange rate fluctuations and the impact of monetary policies implemented by the National Bank of Moldova (NBM). The study examines key indicators such as currency supply and demand, exchange rate trends, and external economic influences. By evaluating these factors, the research provides insights into strategies for maintaining exchange rate stability and mitigating risks associated with global financial interdependence. The findings contribute to optimizing monetary policies and strengthening Moldova’s economic resilience in an increasingly interconnected world. CZU: 336.711:336.748.1(478); JEL: E42, E44, F31, F41