Nepal Rastra Bank Issues Warning Regarding Fake Currency Risks

Nepal Rastra Bank has urged the general public to exercise heightened caution due to the increasing risk of counterfeit currency in the market. The bank has specifically recommended that people thoroughly check the security features of Rs. 1,000 and Rs. 500 denomination notes during use.

According to Nepal Rastra Bank, printing, transporting, or circulating counterfeit currency is a criminal offense under the law. Such activities could have a detrimental impact on the country's financial system, and therefore, citizens are advised to be vigilant and cautious when dealing with money.

How to Identify Genuine Currency Notes?

Nepal Rastra Bank has outlined several security features to help identify genuine notes:

• Watermark: When viewed in light, the watermark on the note becomes clearly visible.

• Security Thread: The security thread inside the note changes color.

• Raised Print: Some areas of the note have a raised texture (intaglio print), which can be felt by touch.

• UV Light: When exposed to UV light, certain numbers and symbols on the note will glow.

• Clear Design: The design, color, and text of the note should be clear and consistent.

The bank has requested that any suspicious notes be reported to the nearest bank branch or police station. With the message "Be alert citizens, make secure transactions," Nepal Rastra Bank has intensified its financial awareness campaign. The bank believes that following these precautions will help prevent financial losses caused by counterfeit notes.