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Bulgarian National Bank Sets Base Rate At 0.18%
By:
DailyMarkets.com
Posted on February 11, 2012 at 17:42 PM EST
The Bulgarian National Bank announced on the 31st of January that its base interest rate would be lowered 4 basis points to 0.18% as of 1 February 2012, compared to the previous rate of 0.22%, set in December for January. The February rate of 0.18% compares to 0.19% in February 2011, 0.24% in February 2010, [...]
The Bulgarian National Bank announced on the 31st of January that its base interest rate would be lowered 4 basis points to 0.18% as of 1 February 2012, compared to the previous rate of 0.22%, set in December for January. The February rate of 0.18% compares to 0.19% in February 2011, 0.24% in February 2010, and 3.92% in February 2009. Bulgaria reported inflation of 2.8% in December last year. The Bulgarian economy was unchanged in 3Q11 (0.3% in 2Q11), placing annual GDP growth … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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