Bulgaria Sees New BGN 50 Banknote

Business | June 30, 2006, Friday // 00:00
Bulgaria Sees New BGN 50 Banknote Bulgaria will have a new banknote with a nominal of BGN 50 as of July 3. Photo by Yuliana Nikolova (Sofia News Agency)

Bulgaria will put into circulation a new banknote with nominal of BGN 50 as of July 3 to add to one of the most widely used banknotes in the country.

The news emerged during a press conference of the Bulgarian National Bank (BNB). The new banknote has additional protection elements including a hidden image of the figure 50.

The image of the famous Bulgarian poet Pencho Slaveykov is printed on the banknote.

It is also customised for use by ill-sighted people.

BNB experts explained that they picked a banknote with nominal of BGN 50 as the it is one of the most widely used banknotes. The banknotes with that nominal are also among the most frequently falsified, BNB added.

BNB cashier Stefan Tsvetkov explained that additional protective elements will also be introduced to other Bulgarian banknotes.

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