$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '16876',
'article_category_id' => '1',
'title' => 'Currency in Circulation Declines by Rs 16 Billion',
'sub_title' => '',
'summary' => 'January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year. According to Nepal Rastra Bank (NRB), the use of paper money is declining due to the growing use and volume of digital transaction.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank sad that around Rs 616 billion was in circulation in the market during mid-January 2022 which dropped to Rs 600 billion this year.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the financial statement of NRB, banknotes worth Rs 312 billion was in circulation by mid-July last year which increased to Rs 649 in mid-October and then it started declining gradually.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides the increase in use of digital transaction, NRB’s credit line to banks and financial institutions also declined in mid-December to mid-January resulting in a decline in currency in circulation in the market.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank had invested Rs 271.72 billion on BFIs in mid-July which dropped to Rs 62.26 billion by mid-January. The latest figure includes repo (repurchase agreement) worth Rs 50 billion, refinancing of Rs 12.21 billion and Standing Liquidity Facility (SLF) worth Rs 60 million.</span></span></p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-01-29',
'modified' => '2023-01-29',
'keywords' => 'currency, circulation, Nepal , Rastra, bank, digital transaction',
'description' => '',
'sortorder' => '16615',
'image' => '20230129125601_currency.jpg',
'article_date' => '2023-01-29 12:55:20',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '16876',
'article_category_id' => '1',
'title' => 'Currency in Circulation Declines by Rs 16 Billion',
'sub_title' => '',
'summary' => 'January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year. According to Nepal Rastra Bank (NRB), the use of paper money is declining due to the growing use and volume of digital transaction.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank sad that around Rs 616 billion was in circulation in the market during mid-January 2022 which dropped to Rs 600 billion this year.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the financial statement of NRB, banknotes worth Rs 312 billion was in circulation by mid-July last year which increased to Rs 649 in mid-October and then it started declining gradually.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides the increase in use of digital transaction, NRB’s credit line to banks and financial institutions also declined in mid-December to mid-January resulting in a decline in currency in circulation in the market.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank had invested Rs 271.72 billion on BFIs in mid-July which dropped to Rs 62.26 billion by mid-January. The latest figure includes repo (repurchase agreement) worth Rs 50 billion, refinancing of Rs 12.21 billion and Standing Liquidity Facility (SLF) worth Rs 60 million.</span></span></p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-01-29',
'modified' => '2023-01-29',
'keywords' => 'currency, circulation, Nepal , Rastra, bank, digital transaction',
'description' => '',
'sortorder' => '16615',
'image' => '20230129125601_currency.jpg',
'article_date' => '2023-01-29 12:55:20',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '16876',
'hit' => '1210'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20230129125601_currency.jpg'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '16876',
'article_category_id' => '1',
'title' => 'Currency in Circulation Declines by Rs 16 Billion',
'sub_title' => '',
'summary' => 'January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year. According to Nepal Rastra Bank (NRB), the use of paper money is declining due to the growing use and volume of digital transaction.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank sad that around Rs 616 billion was in circulation in the market during mid-January 2022 which dropped to Rs 600 billion this year.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the financial statement of NRB, banknotes worth Rs 312 billion was in circulation by mid-July last year which increased to Rs 649 in mid-October and then it started declining gradually.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides the increase in use of digital transaction, NRB’s credit line to banks and financial institutions also declined in mid-December to mid-January resulting in a decline in currency in circulation in the market.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank had invested Rs 271.72 billion on BFIs in mid-July which dropped to Rs 62.26 billion by mid-January. The latest figure includes repo (repurchase agreement) worth Rs 50 billion, refinancing of Rs 12.21 billion and Standing Liquidity Facility (SLF) worth Rs 60 million.</span></span></p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-01-29',
'modified' => '2023-01-29',
'keywords' => 'currency, circulation, Nepal , Rastra, bank, digital transaction',
'description' => '',
'sortorder' => '16615',
'image' => '20230129125601_currency.jpg',
'article_date' => '2023-01-29 12:55:20',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '16876',
'article_category_id' => '1',
'title' => 'Currency in Circulation Declines by Rs 16 Billion',
'sub_title' => '',
'summary' => 'January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year. According to Nepal Rastra Bank (NRB), the use of paper money is declining due to the growing use and volume of digital transaction.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank sad that around Rs 616 billion was in circulation in the market during mid-January 2022 which dropped to Rs 600 billion this year.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the financial statement of NRB, banknotes worth Rs 312 billion was in circulation by mid-July last year which increased to Rs 649 in mid-October and then it started declining gradually.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides the increase in use of digital transaction, NRB’s credit line to banks and financial institutions also declined in mid-December to mid-January resulting in a decline in currency in circulation in the market.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank had invested Rs 271.72 billion on BFIs in mid-July which dropped to Rs 62.26 billion by mid-January. The latest figure includes repo (repurchase agreement) worth Rs 50 billion, refinancing of Rs 12.21 billion and Standing Liquidity Facility (SLF) worth Rs 60 million.</span></span></p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-01-29',
'modified' => '2023-01-29',
'keywords' => 'currency, circulation, Nepal , Rastra, bank, digital transaction',
'description' => '',
'sortorder' => '16615',
'image' => '20230129125601_currency.jpg',
'article_date' => '2023-01-29 12:55:20',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '16876',
'hit' => '1210'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20230129125601_currency.jpg'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '16876',
'article_category_id' => '1',
'title' => 'Currency in Circulation Declines by Rs 16 Billion',
'sub_title' => '',
'summary' => 'January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year. According to Nepal Rastra Bank (NRB), the use of paper money is declining due to the growing use and volume of digital transaction.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank sad that around Rs 616 billion was in circulation in the market during mid-January 2022 which dropped to Rs 600 billion this year.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the financial statement of NRB, banknotes worth Rs 312 billion was in circulation by mid-July last year which increased to Rs 649 in mid-October and then it started declining gradually.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides the increase in use of digital transaction, NRB’s credit line to banks and financial institutions also declined in mid-December to mid-January resulting in a decline in currency in circulation in the market.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank had invested Rs 271.72 billion on BFIs in mid-July which dropped to Rs 62.26 billion by mid-January. The latest figure includes repo (repurchase agreement) worth Rs 50 billion, refinancing of Rs 12.21 billion and Standing Liquidity Facility (SLF) worth Rs 60 million.</span></span></p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-01-29',
'modified' => '2023-01-29',
'keywords' => 'currency, circulation, Nepal , Rastra, bank, digital transaction',
'description' => '',
'sortorder' => '16615',
'image' => '20230129125601_currency.jpg',
'article_date' => '2023-01-29 12:55:20',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '16876',
'article_category_id' => '1',
'title' => 'Currency in Circulation Declines by Rs 16 Billion',
'sub_title' => '',
'summary' => 'January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year. According to Nepal Rastra Bank (NRB), the use of paper money is declining due to the growing use and volume of digital transaction.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank sad that around Rs 616 billion was in circulation in the market during mid-January 2022 which dropped to Rs 600 billion this year.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the financial statement of NRB, banknotes worth Rs 312 billion was in circulation by mid-July last year which increased to Rs 649 in mid-October and then it started declining gradually.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides the increase in use of digital transaction, NRB’s credit line to banks and financial institutions also declined in mid-December to mid-January resulting in a decline in currency in circulation in the market.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank had invested Rs 271.72 billion on BFIs in mid-July which dropped to Rs 62.26 billion by mid-January. The latest figure includes repo (repurchase agreement) worth Rs 50 billion, refinancing of Rs 12.21 billion and Standing Liquidity Facility (SLF) worth Rs 60 million.</span></span></p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-01-29',
'modified' => '2023-01-29',
'keywords' => 'currency, circulation, Nepal , Rastra, bank, digital transaction',
'description' => '',
'sortorder' => '16615',
'image' => '20230129125601_currency.jpg',
'article_date' => '2023-01-29 12:55:20',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '16876',
'hit' => '1210'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20230129125601_currency.jpg'
$user = null
$groupId = null
include - APP/View/Articles/view.ctp, line 116
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '16876',
'article_category_id' => '1',
'title' => 'Currency in Circulation Declines by Rs 16 Billion',
'sub_title' => '',
'summary' => 'January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year. According to Nepal Rastra Bank (NRB), the use of paper money is declining due to the growing use and volume of digital transaction.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank sad that around Rs 616 billion was in circulation in the market during mid-January 2022 which dropped to Rs 600 billion this year.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the financial statement of NRB, banknotes worth Rs 312 billion was in circulation by mid-July last year which increased to Rs 649 in mid-October and then it started declining gradually.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides the increase in use of digital transaction, NRB’s credit line to banks and financial institutions also declined in mid-December to mid-January resulting in a decline in currency in circulation in the market.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank had invested Rs 271.72 billion on BFIs in mid-July which dropped to Rs 62.26 billion by mid-January. The latest figure includes repo (repurchase agreement) worth Rs 50 billion, refinancing of Rs 12.21 billion and Standing Liquidity Facility (SLF) worth Rs 60 million.</span></span></p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-01-29',
'modified' => '2023-01-29',
'keywords' => 'currency, circulation, Nepal , Rastra, bank, digital transaction',
'description' => '',
'sortorder' => '16615',
'image' => '20230129125601_currency.jpg',
'article_date' => '2023-01-29 12:55:20',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '16876',
'article_category_id' => '1',
'title' => 'Currency in Circulation Declines by Rs 16 Billion',
'sub_title' => '',
'summary' => 'January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year. According to Nepal Rastra Bank (NRB), the use of paper money is declining due to the growing use and volume of digital transaction.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank sad that around Rs 616 billion was in circulation in the market during mid-January 2022 which dropped to Rs 600 billion this year.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the financial statement of NRB, banknotes worth Rs 312 billion was in circulation by mid-July last year which increased to Rs 649 in mid-October and then it started declining gradually.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides the increase in use of digital transaction, NRB’s credit line to banks and financial institutions also declined in mid-December to mid-January resulting in a decline in currency in circulation in the market.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank had invested Rs 271.72 billion on BFIs in mid-July which dropped to Rs 62.26 billion by mid-January. The latest figure includes repo (repurchase agreement) worth Rs 50 billion, refinancing of Rs 12.21 billion and Standing Liquidity Facility (SLF) worth Rs 60 million.</span></span></p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-01-29',
'modified' => '2023-01-29',
'keywords' => 'currency, circulation, Nepal , Rastra, bank, digital transaction',
'description' => '',
'sortorder' => '16615',
'image' => '20230129125601_currency.jpg',
'article_date' => '2023-01-29 12:55:20',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '16876',
'hit' => '1210'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20230129125601_currency.jpg'
$user = null
$groupId = null
$user_id = null
$date = '2023-01-29 12:55:20'
$dateFromDatabase = (int) 1674976220
$newDate = 'Jan 29, 2023'
$articleView = array(
'article_id' => '16876',
'hit' => '1210'
)
$word_count = (int) 259
$time_to_read = (float) 1.3
$time_to_read_min = (float) 1
$time_to_read_second = (float) 18
include - APP/View/Articles/view.ctp, line 241
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year. According to Nepal Rastra Bank (NRB), the use of paper money is declining due to the growing use and volume of digital transaction.
The central bank sad that around Rs 616 billion was in circulation in the market during mid-January 2022 which dropped to Rs 600 billion this year.
According to the financial statement of NRB, banknotes worth Rs 312 billion was in circulation by mid-July last year which increased to Rs 649 in mid-October and then it started declining gradually.
Besides the increase in use of digital transaction, NRB’s credit line to banks and financial institutions also declined in mid-December to mid-January resulting in a decline in currency in circulation in the market.
The central bank had invested Rs 271.72 billion on BFIs in mid-July which dropped to Rs 62.26 billion by mid-January. The latest figure includes repo (repurchase agreement) worth Rs 50 billion, refinancing of Rs 12.21 billion and Standing Liquidity Facility (SLF) worth Rs 60 million.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '16876',
'article_category_id' => '1',
'title' => 'Currency in Circulation Declines by Rs 16 Billion',
'sub_title' => '',
'summary' => 'January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year. According to Nepal Rastra Bank (NRB), the use of paper money is declining due to the growing use and volume of digital transaction.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank sad that around Rs 616 billion was in circulation in the market during mid-January 2022 which dropped to Rs 600 billion this year.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the financial statement of NRB, banknotes worth Rs 312 billion was in circulation by mid-July last year which increased to Rs 649 in mid-October and then it started declining gradually.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides the increase in use of digital transaction, NRB’s credit line to banks and financial institutions also declined in mid-December to mid-January resulting in a decline in currency in circulation in the market.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank had invested Rs 271.72 billion on BFIs in mid-July which dropped to Rs 62.26 billion by mid-January. The latest figure includes repo (repurchase agreement) worth Rs 50 billion, refinancing of Rs 12.21 billion and Standing Liquidity Facility (SLF) worth Rs 60 million.</span></span></p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-01-29',
'modified' => '2023-01-29',
'keywords' => 'currency, circulation, Nepal , Rastra, bank, digital transaction',
'description' => '',
'sortorder' => '16615',
'image' => '20230129125601_currency.jpg',
'article_date' => '2023-01-29 12:55:20',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '16876',
'article_category_id' => '1',
'title' => 'Currency in Circulation Declines by Rs 16 Billion',
'sub_title' => '',
'summary' => 'January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year. According to Nepal Rastra Bank (NRB), the use of paper money is declining due to the growing use and volume of digital transaction.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank sad that around Rs 616 billion was in circulation in the market during mid-January 2022 which dropped to Rs 600 billion this year.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the financial statement of NRB, banknotes worth Rs 312 billion was in circulation by mid-July last year which increased to Rs 649 in mid-October and then it started declining gradually.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides the increase in use of digital transaction, NRB’s credit line to banks and financial institutions also declined in mid-December to mid-January resulting in a decline in currency in circulation in the market.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank had invested Rs 271.72 billion on BFIs in mid-July which dropped to Rs 62.26 billion by mid-January. The latest figure includes repo (repurchase agreement) worth Rs 50 billion, refinancing of Rs 12.21 billion and Standing Liquidity Facility (SLF) worth Rs 60 million.</span></span></p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-01-29',
'modified' => '2023-01-29',
'keywords' => 'currency, circulation, Nepal , Rastra, bank, digital transaction',
'description' => '',
'sortorder' => '16615',
'image' => '20230129125601_currency.jpg',
'article_date' => '2023-01-29 12:55:20',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '16876',
'hit' => '1210'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '16876',
'article_category_id' => '1',
'title' => 'Currency in Circulation Declines by Rs 16 Billion',
'sub_title' => '',
'summary' => 'January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year. According to Nepal Rastra Bank (NRB), the use of paper money is declining due to the growing use and volume of digital transaction.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank sad that around Rs 616 billion was in circulation in the market during mid-January 2022 which dropped to Rs 600 billion this year.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the financial statement of NRB, banknotes worth Rs 312 billion was in circulation by mid-July last year which increased to Rs 649 in mid-October and then it started declining gradually.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides the increase in use of digital transaction, NRB’s credit line to banks and financial institutions also declined in mid-December to mid-January resulting in a decline in currency in circulation in the market.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank had invested Rs 271.72 billion on BFIs in mid-July which dropped to Rs 62.26 billion by mid-January. The latest figure includes repo (repurchase agreement) worth Rs 50 billion, refinancing of Rs 12.21 billion and Standing Liquidity Facility (SLF) worth Rs 60 million.</span></span></p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-01-29',
'modified' => '2023-01-29',
'keywords' => 'currency, circulation, Nepal , Rastra, bank, digital transaction',
'description' => '',
'sortorder' => '16615',
'image' => '20230129125601_currency.jpg',
'article_date' => '2023-01-29 12:55:20',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '16876',
'article_category_id' => '1',
'title' => 'Currency in Circulation Declines by Rs 16 Billion',
'sub_title' => '',
'summary' => 'January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year. According to Nepal Rastra Bank (NRB), the use of paper money is declining due to the growing use and volume of digital transaction.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank sad that around Rs 616 billion was in circulation in the market during mid-January 2022 which dropped to Rs 600 billion this year.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the financial statement of NRB, banknotes worth Rs 312 billion was in circulation by mid-July last year which increased to Rs 649 in mid-October and then it started declining gradually.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides the increase in use of digital transaction, NRB’s credit line to banks and financial institutions also declined in mid-December to mid-January resulting in a decline in currency in circulation in the market.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank had invested Rs 271.72 billion on BFIs in mid-July which dropped to Rs 62.26 billion by mid-January. The latest figure includes repo (repurchase agreement) worth Rs 50 billion, refinancing of Rs 12.21 billion and Standing Liquidity Facility (SLF) worth Rs 60 million.</span></span></p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-01-29',
'modified' => '2023-01-29',
'keywords' => 'currency, circulation, Nepal , Rastra, bank, digital transaction',
'description' => '',
'sortorder' => '16615',
'image' => '20230129125601_currency.jpg',
'article_date' => '2023-01-29 12:55:20',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '16876',
'hit' => '1210'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '16876',
'article_category_id' => '1',
'title' => 'Currency in Circulation Declines by Rs 16 Billion',
'sub_title' => '',
'summary' => 'January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year. According to Nepal Rastra Bank (NRB), the use of paper money is declining due to the growing use and volume of digital transaction.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank sad that around Rs 616 billion was in circulation in the market during mid-January 2022 which dropped to Rs 600 billion this year.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the financial statement of NRB, banknotes worth Rs 312 billion was in circulation by mid-July last year which increased to Rs 649 in mid-October and then it started declining gradually.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides the increase in use of digital transaction, NRB’s credit line to banks and financial institutions also declined in mid-December to mid-January resulting in a decline in currency in circulation in the market.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank had invested Rs 271.72 billion on BFIs in mid-July which dropped to Rs 62.26 billion by mid-January. The latest figure includes repo (repurchase agreement) worth Rs 50 billion, refinancing of Rs 12.21 billion and Standing Liquidity Facility (SLF) worth Rs 60 million.</span></span></p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-01-29',
'modified' => '2023-01-29',
'keywords' => 'currency, circulation, Nepal , Rastra, bank, digital transaction',
'description' => '',
'sortorder' => '16615',
'image' => '20230129125601_currency.jpg',
'article_date' => '2023-01-29 12:55:20',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '16876',
'article_category_id' => '1',
'title' => 'Currency in Circulation Declines by Rs 16 Billion',
'sub_title' => '',
'summary' => 'January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year. According to Nepal Rastra Bank (NRB), the use of paper money is declining due to the growing use and volume of digital transaction.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank sad that around Rs 616 billion was in circulation in the market during mid-January 2022 which dropped to Rs 600 billion this year.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the financial statement of NRB, banknotes worth Rs 312 billion was in circulation by mid-July last year which increased to Rs 649 in mid-October and then it started declining gradually.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides the increase in use of digital transaction, NRB’s credit line to banks and financial institutions also declined in mid-December to mid-January resulting in a decline in currency in circulation in the market.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank had invested Rs 271.72 billion on BFIs in mid-July which dropped to Rs 62.26 billion by mid-January. The latest figure includes repo (repurchase agreement) worth Rs 50 billion, refinancing of Rs 12.21 billion and Standing Liquidity Facility (SLF) worth Rs 60 million.</span></span></p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-01-29',
'modified' => '2023-01-29',
'keywords' => 'currency, circulation, Nepal , Rastra, bank, digital transaction',
'description' => '',
'sortorder' => '16615',
'image' => '20230129125601_currency.jpg',
'article_date' => '2023-01-29 12:55:20',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '16876',
'hit' => '1210'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '16876',
'article_category_id' => '1',
'title' => 'Currency in Circulation Declines by Rs 16 Billion',
'sub_title' => '',
'summary' => 'January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year. According to Nepal Rastra Bank (NRB), the use of paper money is declining due to the growing use and volume of digital transaction.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank sad that around Rs 616 billion was in circulation in the market during mid-January 2022 which dropped to Rs 600 billion this year.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the financial statement of NRB, banknotes worth Rs 312 billion was in circulation by mid-July last year which increased to Rs 649 in mid-October and then it started declining gradually.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides the increase in use of digital transaction, NRB’s credit line to banks and financial institutions also declined in mid-December to mid-January resulting in a decline in currency in circulation in the market.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank had invested Rs 271.72 billion on BFIs in mid-July which dropped to Rs 62.26 billion by mid-January. The latest figure includes repo (repurchase agreement) worth Rs 50 billion, refinancing of Rs 12.21 billion and Standing Liquidity Facility (SLF) worth Rs 60 million.</span></span></p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-01-29',
'modified' => '2023-01-29',
'keywords' => 'currency, circulation, Nepal , Rastra, bank, digital transaction',
'description' => '',
'sortorder' => '16615',
'image' => '20230129125601_currency.jpg',
'article_date' => '2023-01-29 12:55:20',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '16876',
'article_category_id' => '1',
'title' => 'Currency in Circulation Declines by Rs 16 Billion',
'sub_title' => '',
'summary' => 'January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year.',
'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">January 29: The currency in circulation in the market has declined by Rs 16 billion as of mid-January this year compared to the same period of last year. According to Nepal Rastra Bank (NRB), the use of paper money is declining due to the growing use and volume of digital transaction.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank sad that around Rs 616 billion was in circulation in the market during mid-January 2022 which dropped to Rs 600 billion this year.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to the financial statement of NRB, banknotes worth Rs 312 billion was in circulation by mid-July last year which increased to Rs 649 in mid-October and then it started declining gradually.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Besides the increase in use of digital transaction, NRB’s credit line to banks and financial institutions also declined in mid-December to mid-January resulting in a decline in currency in circulation in the market.</span></span></p>
<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The central bank had invested Rs 271.72 billion on BFIs in mid-July which dropped to Rs 62.26 billion by mid-January. The latest figure includes repo (repurchase agreement) worth Rs 50 billion, refinancing of Rs 12.21 billion and Standing Liquidity Facility (SLF) worth Rs 60 million.</span></span></p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2023-01-29',
'modified' => '2023-01-29',
'keywords' => 'currency, circulation, Nepal , Rastra, bank, digital transaction',
'description' => '',
'sortorder' => '16615',
'image' => '20230129125601_currency.jpg',
'article_date' => '2023-01-29 12:55:20',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '16876',
'hit' => '1210'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
