India Hits Back Nepal on New Currency As Chinese Company Prints Notes

India Hits Back Nepal on New Currency As Chinese Company Prints Notes

India Objection On Nepal Currency: Recently Nepal has decided to redesign its Rs 100 note. However, this decision has created tension between Nepal and India. This is because the map of the country printed on Nepalese currency notes includes disputed areas of the border between neighboring countries. China has an indirect role in increasing the political and strategic differences between Nepal and India. Nepal has signed a contract with a Chinese printing company to print these new currency notes. Nepal’s central bank, Nepal Rastra Bank (NRB), has awarded a contract…

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