Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

BNB starts the new year with lowering the main interest rate

Photo: Ani Petrova

The Bulgarian National Bank (BNB) lowers the main interest rate to 3.79% in January 1, 2024, BTA has reported. This is the first cut in the key rate since October 2022, albeit by just 0.01% from December's level. In November, the main interest rate was 3.79%, and in October - 3.64%.

The BNB does not allocate funds for the production of euro banknotes in its 2024 budget and plans to initially borrow notes if Bulgaria enters the currency union from January 1, 2025. This is recorded in a document for the central bank's budget. Bulgaria expects to receive an invitation to join the eurozone next summer, with the indicative date being January 1, 2025, as for a month the lev and the euro will be used for payment in parallel.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Caretaker Premier Dimitar Glavchev

Premier Glavchev: Bulgaria has not been pressured to change its position on North Macedonia

Bulgaria's position regarding the Republic of North Macedonia remains unchanged - our country insists that the signed agreements be respected, caretaker Premier and Minister of Foreign Affairs Dimitar Glavchev said at a hearing in Parliament on the..

published on 7/4/24 2:58 PM

Bulgaria is an attractive destination for dental tourism

The Balkans are attracting more and more medical tourists, with Turkiye being the undisputed leader, ranking among the top 10 most preferred countries for health tourism, according to the jury of the ninth edition of the BALKAN MEDICAL AWARDS 2024,..

published on 7/4/24 1:53 PM

The Ministry of Labor and Social Policy provides temporary employment for 2,800 unemployed

In the coming months of 2024, around 2,800 unemployed people will start working under the regional employment programs, the press center of the Ministry of Labor and Social Policy reported. The programmes are funded by the Ministry of Labour and..

published on 7/4/24 12:46 PM