Nepal Rastra Bank
India Rejects Nepal's Territorial Claims on New Currency: Diplomatic Tensions Escalate
Nov 27, 2025 11:46 pm CST
India has firmly rejected Nepal's inclusion of disputed territories on its new 100-rupee banknote, calling it an "artificial enlargement of territorial claims." The controversial currency features Kalapani, Lipulekh, and Limpiyadhura regions that India considers its own, further straining diplomatic relations between the neighboring countries. Both nations continue discussions on border issues while maintaining their respective positions on territorial sovereignty.
Nepal Releases New Rs 100 Currency Notes Featuring Disputed Territories Claimed by India
Nov 27, 2025 09:04 pm CST
Nepal's central bank has issued new Rs 100 banknotes featuring a revised map that includes three territories disputed with India. The updated currency notes show Kalapani, Lipulekh, and Limpiyadhura regions as part of Nepal, continuing the cartographic changes first introduced by Nepal's government in 2020 despite India's objections to these territorial claims.
Nepal Shifts Currency Printing from India to China: Strategic, Economic and Political Implications
Nov 13, 2025 09:06 pm CST
Nepal's central bank has awarded China Banknote Printing and Minting Corporation its seventh consecutive contract for printing currency notes, worth $16.985 million. This shift from traditional Indian printing reflects economic considerations and political sensitivities around territorial disputes, as Nepal's new notes include regions claimed by India. China now prints currency for multiple South Asian nations, demonstrating its growing influence in the region's financial infrastructure.