OREANDA-NEWS. July 18, 2014. In addition, the Central Bank carried out operations spot for the sale of euros worth 16.31 million in equivalent.

It should be noted that in the previous month the NBM carried out in the inter-bank spot market operations on sale of USD 5 million, and spot transactions for the sale of euros worth USD 13.84 million in equivalent. In June of the last year the NBM on the inter-bank currency market made out transactions in the amount of USD 30 million that were-currency swap.

The National Bank of Moldova uses as instruments of foreign currency intervention direct regulating operations - foreign exchange spot and swap. The spot purchases or sales of foreign currency for Moldovan lei affect the money supply. At the same time regulating transactions - currency swap transactions, a reversing instrument, do not affect the money supply in the long term.

The swap operation on sale and purchase exchange provides that the currency is sold under its value of the same amount over time and according to the rate fixed at the time of the transaction.