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Street Vendors Trade Fresh Banknotes at Ratna Park for Dashain

Pedestrians are paying commission fees to exchange clean currency notes along Kathmandu footpaths.

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In short

  • Fresh currency exchange is operating along footpaths around Ratna Park in Kathmandu.
  • Traders charge extra commission fees on denominations of 5, 10, 20, 50, and 100 rupees.
  • The practice assists busy citizens avoiding lines while providing income to vendors.

Members of the public in Kathmandu are exchanging fresh currency notes on the pavement at Ratna Park ahead of the Dashain festival. Street traders operating along the footpaths are offering clean and new paper money to passers-by in exchange for a commission fee. The currency traded on the street includes denominations of 5, 10, 20, 50, and 100 rupees. Vendors obtain these notes after queuing at distribution points, subsequently offering them to people on the walkway during the festival period. According to reports, the arrangement provides an alternative for individuals who lack the time or wish to avoid the inconvenience of waiting in official bank queues. At the same time, it serves as a source of modest earnings for the footpath traders involved.

From public sources and the WeNepal research team

https://wenepal.com/article/street-vendors-trade-fresh-banknotes-at-ratna-park-for-dashain-20261016

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