Former kings removed from Nepal currency

Come Tuesday and one of the last visible signs of Nepal’s former monarchy — currency notes carrying portraits of ex-kings — will soon go out of circulation.

Updated on: Mar 15, 2011, 01:06:09 IST

Hindustan Times | By Utpal Parashar, Kathmandu

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Come Tuesday and one of the last visible signs of Nepal’s former monarchy — currency notes carrying portraits of ex-kings — will soon go out of circulation.

Nepal’s central bank, Nepal Rashtra Bank, issued directions to banks and financial institutions not to accept such notes from March 15. The move follows a decision taken by NRB in August last year to replace traces of the Shah dynasty from currency notes.

Monday was the last day for citizens to exchange old notes bearing portraits of the former kings, from banks and financial institutions. Since the past eight months, NRB had circulated large amounts of fresh notes without the kings’ portraits.

ABOUT THE AUTHOR
Utpal Parashar
A seasoned senior journalist, I have nearly three decades of experience across print, digital, and online platforms, covering political transitions, insurgencies, environmental issues, and development stories in India and Nepal. I am skilled in breaking news, leading editorial teams and launch of newspaper editions. I am adept at leveraging digital trends and social media to expand global reach, with a strong ethical foundation and a reputation for impactful journalism. An alumnus of Asian College of Journalism, I joined Hindustan Times in New Delhi as a trainee reporter in May 1997. Over the years, I have been posted in Dehradun, Kathmandu (Nepal) and Guwahati. Currently, as Senior Assistant Editor at Hindustan Times, I lead a team reporting on India’s northeastern states. My work involves in-depth analysis, and engaging multimedia storytelling across formats, including text, photo, video, and interactive content. I am skilled in producing timely, shareable content, leveraging digital platforms and social media to engage global audiences. Throughout my career with the Hindustan Times, I have led diverse editorial teams, designed capacity-building activities, and supported reporters in developing strong story ideas, ethical reporting practices, digital skills, and fact-checking techniques. As Senior Assistant Editor for Northeast India, I have been responsible for guiding correspondents through complex political, humanitarian, and community-level stories using multimedia formats. Earlier, as Foreign Correspondent in Nepal, I produced extensive reporting during Nepal’s democratic transition and the 2015 earthquake and its aftermath.Read More

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