Dollar
China and US plan talks to solve currency issues
April 26, 2011China and the US will hold economic talks next month as the two countries work towards reaching a common ground on currency policy. The US has accused of China on keeping the value of its currency, the yuan, artificially low in order to help its exporters...
Official reserves about to hit record high in Moldova
March 30, 2011The official reserve assets amounted to 1.793 billion dollars on 18 March 2011, getting close to a historical record high of 1.803.9 billion dollars, recorded on 30 September 2008. The National Bank of Moldova (BNM) has said that the currency reserves...
Where are markets heading to? Two scenarios for 2011
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February 03, 2011Mutual relations, which characterize markets (to others these may be economic aggregates) allow us to define likely tendencies in specific areas. Firms use these to make strategic decisions regarding the scale and place of production/provision of services...
U.S. dollar starts going up, overcoming 12 lei barrier
November 26, 2010Starting from November 23, the U.S. dollar rate started again going up at the Moldova currency market. The cash dollar buying rate went up to 12.02 lei from 11.9 lei per 1 U.S. dollar during last 2 days (the highest buying rate on November 25). Independent...
NBM overcomes inflation by consolidating the leu
July 24, 2010The US dollar's rate of exchange against the Moldovan leu currency has gone down 3.5% last couple of weeks - to MDL12.40 : US$1 from 12.85 MDL previously. Currency market analysts are saying that last Friday, the National Bank of Moldova bought up the...
Currency crisis wider and deeper than Euro-zone
May 19, 2010By Sonja Pace Financial markets remain jittery and the euro has continued to decline despite a $1 trillion aid package, put together by the European Union and the International Monetary Fund, to stabilize the currency. It was a crisis that began in Greece...
Euro exchange rate climbed to its highest level in Moldova
December 15, 2009During the weekend the euro exchange rate in exchange offices exceeded the historical maximum of the euro exchange rate and overstepped the new psychological barrier at 18 lei. According to the data by the National Bank of Moldova (NBM), earlier the...
Dubai Debt, Dollar Slide Fuel Market Slump in Asia
November 27, 2009State-owned investment company Dubai World, which manages much of the city-state's massive development projects, is asking creditors for a delay in repaying about $60 billion in debt. Concerns over debt problems in Dubai and an eroding U.S. dollar have...
Moldovan leu has appreciated by over 18% against US dollar
August 07, 2008The Moldovan leu over the first six months of this year has appreciated by 18.17% in real terms and by 14.16% in nominal terms. According to the central bank, the official average monthly exchange rate of the Moldovan leu against the US dollar has...
Moldovan Leu appreciated by another 23 bani against American Dollar, this week
March 16, 2008Moldovan Leu appreciated by another 23 bani against the American Dollar during this week and reached the level of 10.7743 MDL for one USD, at the end of the period. Cumulatively, since early 2008, the national currency increased by 4.8% against the American...