The Kathmandu Post on MSN
Nepal, India explore interbank channel for large Indian currency transfers
Kathmandu, Feb. 3 -- The central banks of Nepal and India are exploring the possibility of using the interbank market-one of the most important segments of the foreign exchange system-to allow the ...
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Nepal lifts decade-long ban on high-value Indian notes Individuals can now hold Rs. 200 and Rs. 500 notes up to Rs. 25,000 per person Nepal has eased restrictions on carrying high-denomination Indian ...
Exchange torn, burnt, or soiled Indian currency notes at banks and RBI branches. Specific rules apply based on the note's condition and amount, including potential fees for larger exchanges. According ...
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