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

Boyko Borissov visits villages in Veliko Tarnovo region damaged by the hailstorm

''If a government is formed this week, I pledge to help the people quickly. This will happen only if we form a government'' , GERB leader Boyko Borisov said during a visit to the villages in the Veliko Tarnovo region affected by the hailstorm.  "If..

published on 6/16/24 12:37 PM
President Rumen Radev

President Rumen Radev pays an official visit to Montenegro

Bulgaria’s President Rumen Radev is on an official visit to Montenegro at the invitation of his Montenegrin counterpart, Jakov Milatović, reported BTA. On June 17, the Bulgarian president and his wife, Desislava Radeva, will be welcomed by their..

published on 6/16/24 11:36 AM

The capabilities of hydrogen-powered vehicles to be demonstrated in Bulgaria

A hydrogen bus and the first hydrogen electric car in Bulgaria will drive through the streets of Sofia, Pazardzhik and Stara Zagora in the coming days, the Bulgarian  Hydrogen, Fuel Cell and Energy Storage Association announced. The official opening..

published on 6/16/24 10:38 AM