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BULGARIAN CENTRAL BANK GOVERNOR GAVRIISKI AT PRESSER, 1997-07-01 (photo)

IMAGE number
REU8046596
Image title
BULGARIAN CENTRAL BANK GOVERNOR GAVRIISKI AT PRESSER, 1997-07-01 (photo)
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Photographer
Zhivko Angelov
Medium
photograph
Date
1997 AD (C20th AD)
Shooting Date
1997-07-01
Image description

Bulgaria's central bank governor Svetoslav Gavriiski attends a news converence aiming to bring clarity on the IMF-prescribed fixed exchange rate system, kwon as currency board, which was introduced in Sofia, July 1. The system aims to reduce inflation and restore discipline to the crumbling economy which reached the verge of collapse early this year. The Bulgarian lev was pegged at 1,000 per mark as anchor currency in the currency board. BULGARIA ECONOMY

Photo credit
REUTERS/Zhivko Angelov / Bridgeman Images
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