Bulgarian National Bank reduces base interest rate

The base interest rate in the country is being reduced to 1.82% as of 1 August 2025, the Bulgarian National Bank (BNB) has announced. The reduction is by 0.09% compared to July, when it was 1.91%. The simple annual interest rate is being reduced for the 11th consecutive month.

BNB has adopted three new ordinances connected with the adoption of the euro in the country – connected with the initial provision of euro bills and coins, the withdrawal and expert analysis of bills and coins in Leva which give rise to suspicion they may be counterfeit in the process of adoption of the euro, and with the exchange of damaged bills and coins from Leva to Euro after 1 January 1, 2026.

Edited by Ivo Ivanov
Translated and posted by Milena Daynova
Photo: BGNES