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China's banknote firm wins $17M contract to print Nepal’s new Rs 1,000 bills.
China Banknote Printing and Minting Corporation has won a $16.985 million contract to print 430 million Rs 1,000 banknotes for Nepal, according to Nepal Rastra Bank.
The firm was selected based on the lowest evaluated bid and will handle design, printing, and delivery.
This follows previous contracts for smaller Nepalese denominations, continuing Nepal’s collaboration with the Chinese company on currency production.
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La firma de billetes de China gana un contrato de 17 millones de dólares para imprimir los nuevos billetes de 1.000 rupias en Nepal.