The basic interest rate in our country is already 1.42%

06.01.2023

THE BASIC INTEREST RATE IN OUR COUNTRY IS ALREADY 1.42%

The Bulgarian National Bank has announced, as of January 1, 2023, the basic interest rate (simple annual interest) in the amount of 1.42%.

This is the fourth promotion in a row. In December, the interest rate reached 1.30%. In November, the main interest rate was 0.59 percent, and in October - 0.49 percent. Then, for the first time since 2016, the basic interest rate went above zero.

The increase in basic interest rate in Bulgaria comes against the background of increased interest rates by the European Central Bank.