Nepal bans use of Indian currency notes

0
125 Views

Share this

The Nepal government has proclaimed the utilization of Indian money notes of Rs 2,000, Rs 500 and Rs 200 groups illicit in the nation.

In this way, the administration has chosen to boycott the utilization of high group Indian money notes and utilize just Rs 100 notes in the nation now onwards, as indicated by a report in the Kathmandu Post.

The choice was declared by Nepal government’s representative and Minister for Information and Communications Gokul Prasad Baskota.

The choice, which will influence center and low-salary Indian visitors, was taken at the last Cabinet meeting, said Gokul Baskota.

The Nepal government has encouraged the general population of its nation to shun keeping or conveying Indian monetary orders higher than Rs 100 notes as it has not legitimized the India certified receipts of division Rs 200, Rs 500 and Rs 2000, the report said.

At the point when the Indian government presented the new divisions in the months following demonetisation in 2016, the Nepal government did not make any declaration on the status of the new money notes. The new sections were being utilized openly in Nepal in the course of the most recent two years, yet the most recent choice will influence Nepalese workers working in India, just as Indian voyagers often visiting Nepal.

Tags

Leave a Reply

Your email address will not be published. Required fields are marked *