FlixBus Expands Routes from Bulgaria: New Connections to Thessaloniki, Athens, and More
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BGN 1.9 FOR USD 1 BY THE END OF YEAR PREDICTED
Business | August 18, 2001, Saturday // 00:00
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The exchange rates BGN/US dollar will be down to some 1.9 levs by the New Year, said for Standart daily Bisser Manolov, the Bulbank`s chief dealer on the grounds of the fact that from January 1, 2002, the euro pegged Bulgarian lev will become equal to the U.S. currency. The EU countries and mostly the European Central Bank will try to preserve the unified European currency at a strong position before its start in circulation. From end-2000 till June 2001 the dollar upped considerably versus the euro. To a certain extent, this was in line also with the presidential elections in the USA, financial experts comment. On Friday the BGN reached new record breaking high margins. It was traded within the framework of 2.135 to 2.145 levs per dollar.
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