NRB starts distributing new currency notes from today

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Kathmandu, October 2, 2016: Nepal Rastra Bank (NRB), the central bank of the country has started distributing new notes from today.

The distribution started to the general public in view of the upcoming biggest festivals in Nepal, Dashain, Tihar and Chhath.

There is a customary practice of using the new currency while receiving tika from the elders during the Dashain festival.

Public in the Kathmandu Valley can get new notes from the Thapathali Office of the Bank while those out of the valley can receive it from its branches in their respective districts.

In addition, they can also get the new notes from other commercial banks, development banks and cooperatives across the country.

An individual can exchange for new notes up to Rs 37,000, which includes two bundles each of Rs 5, Rs 10, Rs 20 Rs 50 and Rs 100 denominations.

People are seen standing in a queue outside the Nepal Rastriya Bank to exchange old notes with new ones for Dashain festival, in Thapathali of Kathmandu, on Sunday, October 2, 2016. Photo: RSS
People are seen standing in a queue outside the Nepal Rastriya Bank to exchange old notes with new ones for Dashain festival, in Thapathali of Kathmandu, on Sunday, October 2, 2016. Photo: RSS

Photo (Top) Source: Setopati

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