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

Premier Zhelyazkov: EU should remain united and predictable in its overall support for Ukraine

The European Union must remain united and predictable in its overall support for Ukraine, Bulgaria’s Prime Minister Rosen Zhelyazkov said in his speech at the second emergency meeting on Ukraine, hosted by French President Emmanuel Macron, announced..

published on 2/20/25 8:32 AM

Second day of boycotting big grocery chains announced on February 20

Public organizations in Bulgaria have announced a second day of boycott of grocery chains for February 20 , after reporting the success of the first such initiative in our country.  On the first day of the boycott, according to data from the..

published on 2/20/25 7:35 AM

Bulgarian Parliament to hear cabinet ministers on US "questionnaire" related to Ukraine peacekeeping operation

The Bulgaria Parliament will hear today the Minister of Defense Atanas Zapryanov and the Minister of Foreign Affairs Georg Georgiev about a "questionnaire" prepared by the US on topics related to Bulgaria's readiness to participate in a special military..

published on 2/20/25 6:05 AM