Regulatory Alerts2009-01-15
Regulation on the Setting of the Official Exchange Rate of Moldovan Leu against Foreign Currencies
The Council of Administration of the National Bank of Moldova issued Decision No. 3 on January 15, 2009, approving a regulation that standardizes the methodology for calculating and publishing the official daily exchange rate of the Moldovan Leu against foreign currencies. The approved framework mandates licensed financial institutions to apply uniform calculation formulas, maintain transparent reporting channels, and comply with centralized oversight when determining cross-border currency valuations. Following registration by the Ministry of Justice on February 4, 2009, and publication in the Official Monitor, the regulation establishes binding operational procedures for all domestic foreign exchange market participants.
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