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Currency change for any country (Bulgaria adopting Euro from 1st Jan 2026), impact on Grade Rate

Summary:

Considering that Bulgaria is adopting to EURO from 1st of Jan 2026, we are trying to update the impacted areas in HCM. One such area is creating new Grade Rates. However, system allows to change the currency for GRADE RATE so is it recommended to create new grade rates or update the currency in the existing rate?

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