USD APPRECIATES AGAINST BGN

Business | June 1, 2001, Friday // 00:00

The US dollar appreciated against the Bulgarian lev (BGN) in the domestic market reaching selling quotations of BGN 2.31 for $1. Local dealers attach the appreciation of the USD to the depreciation of the EUR in the international financial markets. EUR`s slump was hinged to the week results of the economies of the EU member countries. Bulgarian brokers project further appreciation of the USD.

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