Showing posts with label moldovan lei. Show all posts
Showing posts with label moldovan lei. Show all posts

Moldovan currency crashes as governmnet offshores $1 mln

             Today's crash of the Moldovan currency has no slightest touch with the situation in Russia or Ukraine. It may be hard to believe, even because the press release of the National Bank of Moldova says that this situation was generated only by our neighbors and us, the citizens as we tend to panic.

              However the situation is more serious than it looks. A half a year ago a bank named BEM, in which the state was the majority share holder was sold through a false decision to unknown shareholders.