Fears over Bulgaria currency re-valuation allayed

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Good news for the many considering buying a property in Bulgaria came last week when the Bulgarian National Bank (BNB) press office said that the lev-to-euro exchange rate would remain at 1.95583 and would remain such at least until Bulgaria joined the ERM II. The present exchange rate could also not be subject to re-valuation because it has been entered into the BNB act.

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Type of Article: Finance and Legal in Bulgaria, Property Buying Information in Bulgaria

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