Bulgaria Main Interest Rate down to 2,27% in May 2009
Finance | May 1, 2009, Friday // 10:52| views
BNB has half cut the main interest rate since the beginning of 2009. File photo
The Bulgarian National Bank (BNB) has determined Friday the main interest rate to be 2,27% in May 2009.
That is a 1,26 points decrease, compared to April's 3,53, and is the lowest rate since February 2006, when it was 2,25%.
BNB has half cut the main interest rate since the beginning of 2009. In January, it was 5,17%, while at the end of 2008 it was at its pick since February 11, 1998. For December 2008 the rate was set at 5,77%.
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