Nepalese rupee

The Nepalese rupee (; symbol: रु; code: NPR) is the official currency of the Federal Democratic Republic of Nepal. The Nepalese rupee is subdivided into 100 "paisa". The issuance of the currency is controlled by the Nepal Rastra Bank, the central bank of Nepal.
The Nepalese rupee (रु) has been pegged to the Indian rupee (₹) at the rate रु1.60 = ₹1 since 1994; prior to this, it had been pegged at the rate रु1.45 = ₹1.