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<span style="font-family:"Arial Unicode MS","sans-serif"">The NRB is observing the current fiscal year as the Digital Payment Promotion Year. -- RSS </span></span></span></p>
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<span style="font-family:"Arial Unicode MS","sans-serif"">The NRB is observing the current fiscal year as the Digital Payment Promotion Year. -- RSS </span></span></span></p>
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June 19: The Nepal Rastra Bank (NRB) is preparing to issue digital currency in Nepal. The central bank's executive director, Guru Prasad Paudel, confirmed that the NRB is making preparations for issuing its own digital currency and is currently studying the requirements. According to Paudel, 11 countries in the world have their digital own currency so far. He made such remarks at a programme organised to sign a Memorandum of Understanding about finance and digital literacy between the Machhapuchhre Bank and the Private and Boarding School Organisation of Nepal (PABSON) on Monday. The latest data show a significant volume of digital transactions. On an average, Nepal sees monthly digital transactions of Rs 40 billion. In the month of Baisakh (mid April-mid to mid-May), 8.6 million people made transactions worth over Rs 26 billion through QR codes. The use of digital transactions is increasing, suggesting the need for issuing a digital currency, NRB officials said. The NRB is observing the current fiscal year as the Digital Payment Promotion Year. -- RSS
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<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank's executive director, Guru Prasad Paudel, confirmed that the NRB is making preparations for issuing its own digital currency and is currently studying the requirements. According to Paudel, 11 countries in the world have their digital own currency so far.</span><br />
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<span style="font-family:"Arial Unicode MS","sans-serif"">He made such remarks at a programme organised to sign a Memorandum of Understanding about finance and digital literacy between the Machhapuchhre Bank and the Private and Boarding School Organisation of Nepal (PABSON) on Monday. </span><br />
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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
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'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">June 19: The Nepal Rastra Bank (NRB) is preparing to issue digital currency in Nepal. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank's executive director, Guru Prasad Paudel, confirmed that the NRB is making preparations for issuing its own digital currency and is currently studying the requirements. According to Paudel, 11 countries in the world have their digital own currency so far.</span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">He made such remarks at a programme organised to sign a Memorandum of Understanding about finance and digital literacy between the Machhapuchhre Bank and the Private and Boarding School Organisation of Nepal (PABSON) on Monday. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The latest data show a significant volume of digital transactions. On an average, Nepal sees monthly digital transactions of Rs 40 billion. In the month of Baisakh (mid April-mid to mid-May), 8.6 million people made transactions worth over Rs 26 billion through QR codes. The use of digital transactions is increasing, suggesting the need for issuing a digital currency, NRB officials said. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The NRB is observing the current fiscal year as the Digital Payment Promotion Year. -- RSS </span></span></span></p>
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<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank's executive director, Guru Prasad Paudel, confirmed that the NRB is making preparations for issuing its own digital currency and is currently studying the requirements. According to Paudel, 11 countries in the world have their digital own currency so far.</span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">He made such remarks at a programme organised to sign a Memorandum of Understanding about finance and digital literacy between the Machhapuchhre Bank and the Private and Boarding School Organisation of Nepal (PABSON) on Monday. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The latest data show a significant volume of digital transactions. On an average, Nepal sees monthly digital transactions of Rs 40 billion. In the month of Baisakh (mid April-mid to mid-May), 8.6 million people made transactions worth over Rs 26 billion through QR codes. The use of digital transactions is increasing, suggesting the need for issuing a digital currency, NRB officials said. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The NRB is observing the current fiscal year as the Digital Payment Promotion Year. -- RSS </span></span></span></p>
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
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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]
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<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank's executive director, Guru Prasad Paudel, confirmed that the NRB is making preparations for issuing its own digital currency and is currently studying the requirements. According to Paudel, 11 countries in the world have their digital own currency so far.</span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">He made such remarks at a programme organised to sign a Memorandum of Understanding about finance and digital literacy between the Machhapuchhre Bank and the Private and Boarding School Organisation of Nepal (PABSON) on Monday. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The latest data show a significant volume of digital transactions. On an average, Nepal sees monthly digital transactions of Rs 40 billion. In the month of Baisakh (mid April-mid to mid-May), 8.6 million people made transactions worth over Rs 26 billion through QR codes. The use of digital transactions is increasing, suggesting the need for issuing a digital currency, NRB officials said. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The NRB is observing the current fiscal year as the Digital Payment Promotion Year. -- RSS </span></span></span></p>
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<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank's executive director, Guru Prasad Paudel, confirmed that the NRB is making preparations for issuing its own digital currency and is currently studying the requirements. According to Paudel, 11 countries in the world have their digital own currency so far.</span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">He made such remarks at a programme organised to sign a Memorandum of Understanding about finance and digital literacy between the Machhapuchhre Bank and the Private and Boarding School Organisation of Nepal (PABSON) on Monday. </span><br />
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<span style="font-family:"Arial Unicode MS","sans-serif"">The NRB is observing the current fiscal year as the Digital Payment Promotion Year. -- RSS </span></span></span></p>
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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
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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
