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.