Market Puls

The Hunger Games of the foreign exchange market
03.12.2020
InfoMarket Agency’s comment
"Bad luck". Is it possible to characterize in such a way the general situation in the foreign exchange market of Moldova and the falling MDL against the EUR in particular? Experts know that the rate of the Moldovan currency is pegged to the USD: when the USD strengthens, for example, against the EUR, the MDL also strengthens, and vice versa. Therefore, it is important to look at the dynamics of the USD-EUR pair.
The year began with a fairly stable rate of 1.11 USD per 1 EUR. In March, against the background of quarantine, the USD abruptly, ...
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