Regulatory Alerts2013-01-24
Regulation on the Performance of Transactions on the Interbank Foreign Exchange Market of the Republic of Moldova
The Council of Administration of the National Bank of Moldova issued this regulation to establish the legal framework and operational rules for the interbank foreign exchange market. It mandates that all foreign currency transactions against the national currency be conducted exclusively through the Bloomberg unique trading platform and defines the participation rights of licensed banks and the central bank. The document further details specific procedures for bilateral transactions, foreign exchange swaps used as monetary policy instruments, and the conduct of interbank auctions for liquidity management.
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