The National Bank of Macedonia informs that the foreign currency demand made by physical persons has dropped following late April's recorded high and unusual rise.
After the undertaken measures by the National Bank, providing necessary foreign currency liquidity through interventions on foreign currency market and increase of basic interest rate on May 3, the situation is gradually improving, which is seen by the continuous drop in demand of foreign currency from physical persons, the National Bank said on its Facebook account.
Earlier, National Bank Governor Dimitar Bogov said in the interview with Reuters that the heavy bank withdrawals seen in Macedonia in the wake of a political scandal have almost stopped now.
Bogov said withdrawals by individuals had amounted to 1.8 percent of all deposits in local banks in April - the first fall following several years of steady rises - but they have now steadied.