Nepal contracts China to print 300m 100-rupee notes featuring territories claimed by India.

Nepal's central bank, the Nepal Rastra Bank, has contracted China's Banknote Printing and Minting Corporation to print 300 million 100-rupee banknotes. These notes will feature the disputed territories of Lipulekh, Limpiyadhura, and Kalapani, which are claimed by both Nepal and India. The design was approved in a cabinet meeting in May, and the project will cost approximately $8.99 million.

October 27, 2024
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