NRB issues Rs. 25 b new notes for Dashain, Tihar festivals

Nepal Rastra Bank (NRB) has issued new notes worth Rs. 25 billion in a view to facilitate the public with new notes for the upcoming Dashain and Tihar festivals.

The central bank has also started distributing new notes here in the capital from its office situated at Thapathali from Sunday. The bank will also soon start new notes exchange facility from its offices across the country and other bank and financial institutions, according to NRB.

There is a trend of exchanging new notes, particularly of small denominations, during Dashain. Festival season is also the time when the cash flow is highest during a year.

The bank also claimed there won’t be shortage of new notes this year. Nepalnews.com