Nepal presses for early resolution of currency woes post note ban in India
Nepal on Friday said its people were facing a lot of hardship due to India's demonetisation decision as high-value India currency notes were in large circulation and failure to resolve the problem soon may erode their faith in Indian government's assurances.
Jan 13, 2017, 17:01 PM ISTNepal reduces INR exchange limits, awaits response from India's RBI
The Nepal Rastra Bank (NRB) has reduced the exchange limit of Indian to Rs 2000 from Rs 5000 after India introduced new bank notes of Rs 500 and Rs 2000.
Nov 25, 2016, 15:51 PM ISTDemonetisation: Nepal bans new Indian Rs 500 and Rs 2,000 notes
Terming them "unauthorised and illegal", Nepal Rastra Bank on Thursday banned the usage of India's new currency notes of Rs 500 and Rs 2,000 denomination.
Nov 24, 2016, 21:39 PM IST