Aug 12, Kathmandu- Out of the 11 types of notes printed by the Central Bank,1,2,25, and 250 notes have been stopped.

Instead, the policy of the central bank is to bring coins of the same value for the purpose. According to the analysis of the Central Bank, the printing of Rs 1 and Rs 2 notes does not raise the printing cost and there is no demand for Rs 25 and Rs 250 notes. however, out of the 4 types of non-printable notes, since 1 and 2 rupee notes are not printed, even the coins that flow into the market instead of them have not come into circulation significantly, so the import of them Nepal has been affected. 

It has been found that the Central Bank's policy of not printing retail notes of one and two rupees directly affects Nepal's imports. According to the data released by the customs Department, The import of imported chocolate and chewing gum, which has been working for one and two rupees recently, is increasing. The central bank has not printed one and two rupee notes for the past 12 years (the year 2021) stating that there is a loss. 

In particular, coins are not being used significantly in the market as per the policy of the central bank. shopkeepers do not give refunds in the case where consumers have to withdraw up to 1,2,3, and 4 rupees when they go to a grocery or retail store to buy goods. instead of the retail amount to be returned, traders send chocolates and chew3ing gum imported from abroad worth up to 4 rupees (including 1,2, and 3 rupees) which are helping to increase the import of Nepal.

Economist Gyanendra Adhikari says that if the national bank does not print Rs 1 and Rs 2 notes, it will have an impact on imports. He said that imports are increasing because 1 and 2 rupees notes are not being printed and the coins brought to replace  them are not being used significantly