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‘Customers should have more faith in the euro and the lev ,’ former Bulgarian National Bank deputy governor Martin Zaimov was quoted by local media as saying.
At last Bulgaria had its own unit of currency - the lev , divided into 100 stotinki.
Throughout 2004, the highest value of the US dollar against the lev was 1.6572.
The country operates under a restrictive monetary arrangement that pegs the lev to the euro.
He also said the rises were necessary given the exchange rate of the dollar against the lev , and the prices of the energy resources.
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