Nepal's central bank bans Indian notes above Rs 100 - Today's Paper News, Breaking News, Top headlines, Latest Breaking News, Breaking News
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Tuesday, January 22, 2019

Nepal's central bank bans Indian notes above Rs 100

Nepal Rastra Bank on Sunday issued a circular prohibiting Nepali travellers, banks and financial institutions from holding or carrying and trading Indian bank notes higher than Rs 100, the Kathmandu Post reported. The bank said in its circular letter that Indian currency of Rs 200, Rs 500 and Rs 2,000 denominations cannot be carried and used for trading.

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