According to a Bulgarian National Bank press release dated 17 October 2013, "As a consequence of the specifics of the currency circulation and the rise in the price levels it is very likely that over the next years the banknote of BGN 2 [US$1.40; P115] would have to be replaced with a coin." Additionally the release indicates that the bank's note printing division and Francois-Charles Oberthur in France are finalizing a joint venture to fully utilize the former’s excess production capacity.

Tags: Bulgaria