Chinese firm bags contract to print Nepal's Rs 1,000 bank notes

A Chinese institution has bagged a declaration to plan and people 430 cardinal pieces of Nepal's ₹1,000 denomination banknotes, officials said connected Saturday (November 8, 2025).

Nepal Rastra Bank (NRB) issued a missive of intent to the China Banknote Printing and Minting Corporation connected Friday (November 7, 2025) for the design, printing, proviso and transportation of the notes, the slope officials said.

The full task outgo has been fixed astatine $16.985 million, according to the Currency Management Department of the bank.

The Chinese institution was selected connected the ground of the lowest evaluated bid.

The steadfast has antecedently printed Nepalese banknotes of ₹5, ₹10, ₹100, and ₹500 denominations, the officials said.