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10 years ago in Moldova have entered national currency. The Soviet rouble, the Moldavian coupon and, at last, Moldavian pour. A few statisticans: the Exchange rate Moldavian лея in relation to US dollar made on November, 29th, 1993 3,85 лея for $1. The Ex
2003/11/29
10 years ago in Moldova have entered national currency. The Soviet rouble, the Moldavian coupon and, at last, Moldavian pour. A few statisticans: the Exchange rate Moldavian лея in relation to US dollar made on November, 29th, 1993 3,85 лея for $1. The Exchange rate for November, 29th 2003 - 13,291 лея for $1. Depreciation лея in relation to dollar for 10 years has made 3,42 times. Total inflation since January, 1st 1994 on November, 1st, 2003 - an order of 725 %. For 10 years the volume леевой weights (unit "M") has grown from 296 million to 5293 million; cash in circulation from 120 million леев (in 1993) to 770 million леев (in 2003).
Leonid Petrovicha Tolmacha's given to agency "инфомаркет" in June, 2001 the interview, on the eve of the 10 anniversary of National bank of Moldova.

Leonid ТАЛМАЧ: introduction of national currency was the Most important problem in creation of bank system of the country. We were ready to enter pour still on July, 1st, 1992. However in 1992 not all members specially created then committee on introduction of currency with it were not agree, and the unanimous decision was required. If pour has been entered at that time the parity exchanges was one to ten, - inflation was still low.

- Finally pour has been entered into the reference on November, 29th, 1993 and one exchanged in a proportion to one thousand.

- We then for "readout" unit took match boxes that it cost 1 baths. It was the most running and cheapest goods to which we should give any price, not a half-bath.

Basically, it was change of a standard of price. Then us criticised that because of this exchange people have ostensibly lost the money. No. Their savings have been lost earlier because of inflation because were in roubles, and roubles any more by anything have been provided.

- In 1991-1992 hearings that the commission on introduction of national currency considered two variants of the name - "леи" and "дукаты" went...

- The name of currency is a question, the economic is faster political, rather than. It is the state attributes, and it is natural, that the definitive decision has been authorised to accept only parliament, that it and has made on January, 23rd, 1992

- Whether so there was a variant дукатов?

- Yes, was. But only at level of conversations.

- If the name of the Moldavian currency was "дукат", as though then our change were called?

- I do not know. Would choose дукаты, probably, would think and as coins to name.

- Moldavian pour it was printed in Europe?

- At factory гозснака центробанка France. We have concluded with them the contract after the parliament has made the decision on currency introduction.

* * *

We could not then not to ask president НБМ about prospect of association of financial systems of Moldova and Dnestr region - a problem, actual and today.

- During what term НБМ can unite bank systems of two Moldova and Dnestr region?

- We can make all in three-day term. It is necessary to deliver only there леи.

Is there will be an additional issue?

- Yes, but it at us is protected by currency reserves.

- And currency reserves ПРБ?

- They do not have currency reserves.

- In other words, currency reserves НБМ can cover introduction лея on the left coast? Whether $232 million (as of June, 2001) will suffice today's?

- We can леевую buy up all weight.

* * *

We have noticed then also that on November, 13th, 1996 the Natsbank has let out the first anniversary coin of Moldova, it has been devoted the 5 anniversary from the date of country declaration of independence.

- … Why coins were not issued till 1996?

- We have made it right after coming into force of the new law - About National bank. On old we could not do it. These coins to Natsbank stand nothing. We do not bear any expenses. The mechanism of their stamping about the following: the tender and all expenses on manufacturing and valuable metal appears the winner - a mint incurs. In 1996 the Royal mint of the Great Britain, in 2000 - the Czech mint became them.

* * *

Now the Natsbank lets out 35 kinds of anniversary coins of different advantage - 10 леев, 50 леев and 100 леев. 10 kinds of coins are devoted various anniversaries. They were issued by face value 100 and 50 леев; 20 kinds of the let out coins belong to a series "Monasteries of Moldova" (face value - 10 леев); four kinds - "the Red book" (face value 10 леев). And one coin, face value 10 леев, has been let out more recently - on October, 10th, 2003, it is called "a wine Holiday". This coin, along with 50-leevoj a coin, devoted to the 330 anniversary from the date of Dmitry Kantemira's birth, is "freshest" for today release.

From last innovations it would be desirable to note introduction in the denomination reference, advantage 1000 леев. However, for the present exist some complexity of exchange of this denomination in shops, but it only a temporary phenomenon.

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