KATHMANDU: The Nepal Rastra Bank (NRB) has said it would distribute new banknotes for Dashain from September 11.
The NRB Director Rewati Prasad Nepal said public could exchange the new notes from the Central Bank’s central office in Baluwatar and its provincial offices.
Major commercial and development banks, as well as finance companies, will also distribute the notes.
One person will be allowed to exchange the new notes worth Rs 18,500, according to the NRB director.
NRB has every year facilitating commoners exchange their old banknotes for new ones ahead of Dashain, the biggest festival for Nepalis.
The Central Bank had distributed new banknotes worth Rs 8 billion for Dashain last year.
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