Economy of Bulgaria (574 euro) (December, 2017). The national currency is the lev (plural leva), pegged to the euro at a rate of 1.95583 leva for 1 euro. The lev is the strongest and most stable currency in Eastern Europe. The strongest sectors in the economy are energy, mining, metallurgy, machine building, agriculture and tourism. Primary industrial exports are clothing, iron and steel, machinery and refined fuels. The trading partners with largest contribution to the import/export are Germany, Italy, Romania, Turkey, Greece, Russia, France, Spain, Poland, Netherlands, China, Hungary and Belgium. Sofia is the capital and economic heart of Bulgaria and home to
Currency analytics to forecasted cash flows and don’t allow hedging economic risk. Currency analytics allow companies to mitigate cash flow risk by uncovering accounting exposures to match the economic exposures so the company can hedge the accounting exposure as a proxy. Currency analytics enable what/if scenario analysis so companies can model how volatility in particular currencies could impact their revenue and expenses in the future. Currency analytics Companies that do business in more than one currency are exposed to exchange rate risk – that is, changes in the value of one currency versus another. Exchange rate risk (also known as foreign exchange