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ECONOMY

NRB spending around Rs 1 billion to print banknotes worth Rs 3.40 billion

KATHMANDU, Oct 9: Nepal Rastra Bank (NRB) is spending around Rs 1 billion to print b...

By Republica

KATHMANDU, Oct 9: Nepal Rastra Bank (NRB) is spending around Rs 1 billion to print banknotes worth Rs 3.40 billion.


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According to the NRB, it is spending more than US $7.11 million in designing, printing, supply and delivery of 340 million units of Nepali currency with denomination of Rs 10. For this purpose, the central bank has awarded a contract to China Banknote Printing and Minting Corporation, China, reads a press release issued by the NRB on Tuesday.  


 

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