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30Oct 2024

Nepal Contracts Chinese Firm for Currency with Disputed Territories

Why in the news? Nepal Rastra Bank hired a Chinese firm to print 100-rupee notes featuring disputed territories, asserting its territorial claims, which may impact India-Nepal diplomatic relations. Highlights of the Nepal Contracts Chinese Firm for New 100-Rupee Notes: Nepal Rastra Bank (NRB) has engaged China Banknote Printing and Minting Corporation to print 300 million …

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