How Japan’s newest yen note came from the Nepali mountains

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Banks across Japan began stocking their ATMs on Wednesday with shiny new yen notes sourced from an unlikely location – vibrant yellow flowering paperbush shrubs that grow on craggy Himalayan mountains in Nepal.

Before entering the wallets of Japanese consumers, the yen notes had a long, complex journey involving months of labor and transport by land and air across thousands of kilometers. And this process has provided a potential new source of income to communities in one of the world’s poorest countries, by providing cash for one of its richest.

Once the raw paper is ready in the winter, it’s sent to the Nepali capital Kathmandu and driven to the western Indian city Kolkata, where it’s brought by ship to Yokohama, Japan. After inspection, the paper is further processed, printed, and cut into cash by the National Printing Bureau in nearby Odawara city.

 

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