There is no reason to change the existing BGN/EUR exchange rate, the Bulgarian National Bank (BNB) stated. There have been no talks between representatives of the BNB and the Ministry of Finance on a possible change of the exchange rate, the Bulgarian National Bank added, noting that "such a change is impossible".
Earlier on Wednesday, there were media publications about the existence of a report that talks about such a change. "Such claims about changing the BNG/EUR exchange rate are incompetent and irresponsible," the BNB said. The Bulgarian lev has been pegged to the euro at a rate of 1.95583 leva=1 euro.
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The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
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