NRB announces new currency note exchange service for festivals

Nepal Rastra Bank (NRB) is ready to launch a new currency note exchange service beginning October 16 in preparation for the upcoming Dashain and Deepawali festivals. Issuing a notice on Sunday the central bank informed the public about this service.

The NRB has a tradition of offering the option to obtain new currency notes each year during the festival season. In the Kathmandu Valley, people can change fresh banknotes through the Currency Management Department under the NRB and the branches of various commercial banks. Commercial banks will need to source these notes from the NRB to ensure their availability for customers. For those residing outside the Kathmandu Valley, the NRB has made provisions to exchange the new currency notes at the provincial offices of NRB or at branch offices of commercial banks.