The Government of the Republic of Moldova approved several amendments to the Law on Foreign Exchange Regulation, launching a process to liberalize currency operations as requested by EU member states and recommended by the International Monetary Fund.
Under the new rules, companies may transfer amounts exceeding 10,000 euros without obtaining prior authorization from the National Bank of Moldova. This measure specifically applies to transactions involving the purchase or sale of government bonds issued by EU member states with high credit ratings. It also applies to the buying or selling of shares and bonds issued by companies from those countries.
The Ministry of Finance also changed the order in which currency exchange offices display exchange rates. They will now list the euro and the US dollar first, followed by the British pound, the Romanian leu, and the Ukrainian hryvnia. The Russian ruble and other currencies will appear last.
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Authorities also clarified the rules for declaring cash at border crossings. Individuals now have to declare any amount of 10,000 euros or more when crossing the border. This change removes the previous confusion in the law about the exact threshold for declaring cash.