Tiraspol, 19 December. /Novosti Pridnestrovya/. President Vadim Krasnoselsky discussed the situation in the foreign exchange market with the chairman of the Pridnestrovian Republican Bank (PRB), Vladislav Tidva, the president's press service reports.
According to Tidva, due to a set of measures taken by the PRB to stabilise the foreign exchange situation, the foreign currency is available today to both legal and natural persons.
The central bank is implementing its policy within the official parameters set for this year: from 15 to 15.50 roubles per the US dollar. In the cash market, the US dollar costs from 16.30 to 16.40 roubles. There is currently no shortage. It is not predicted either.
The pre-holiday increase in demand is possible, but this does not refer to citizens but rather to market participants who expect to earn money on the resale of foreign currency, Tidva said.
Asking about what measures are being taken to prevent currency speculations, the president stressed that there were instruments to combat them
"We won't allow anyone to start speculations in Pridnestrovie. So, it is necessary to carefully assess the activities of certain credit institutions," noted Vadim Krasnoselsky.
They also discussed currency receipts from export operations. Major infusions were provided by Moldova Steel Works, Moldovan GRES, Tirotex and Rybnitsa Cement Plant. Tidva drew the president's attention to the increased activity of grain exporters in the current year.
"The measures which were taken to establish indicative prices have allowed us to return foreign exchange earnings in full," said Tidva. According to him, the positive developments are related to the reduction of the repatriation of export earnings to three months. This norm, which was introduced at the legislative level, applies to exporters of cereals and technical crops.
Krasnoselsky instructed the head of the central bank to analyse the impact of the above measures and continue work on the elaboration of extra measures.
