Podcast in English
Text size
Bulgarian National Radio © 2025 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

Photo: 'Balkan Bridge Association, Bitola

Balkan Bridge Association opens office in Bitola

An office of the association for culture, education, and tradition "Balkan Bridge" was opened in Bitola in the presence of Bulgarian Ambassador to North Macedonia Zhelyazko Radukov, Bulgarian Consul General in Bitola Nikolay Dimitrov, diplomats and..

published on 2/20/25 9:44 AM

Education ministry discusses introduction of virtue and religion classes

Education must make children not only knowledgeable but also good people, said Minister of Education and Science Krasimir Valchev at a meeting with His Holiness Daniil, Patriarch of Bulgaria and Metropolitan of Sofia. "We are discussing the..

published on 2/20/25 9:02 AM

President Radev: Only united will we preserve Bulgaria in the global turmoil

"Only united will we preserve Bulgaria in the global turmoil. That bright Bulgaria of Levski, which relies on its own strength. The ancient Bulgaria that feels equal to the European nations. That fraternal Bulgaria of free people, which has defended..

published on 2/20/25 8:49 AM