Indian Currency In Nepal

Bihar's East Champaran Police said that they have seized Indian and Nepalese currencies to the tune of Rs 50 lakh near the Indo-Nepal border in Raxaul on Sunday.

PhonePe, Indian digital payments and financial technology company, has launched support for cross-border UPI payments, under UPI International. The apps' users can now use their Indian bank accounts to pay at merchant outlets in the UAE, Singapore, Mauritius, Nepal and Bhutan, The Bhutan Live reported. Earlier, Indian users had to use either foreig...

Nepal's central bank has banned the use of Indian currency notes of Rs 2,000, Rs 500 and Rs 200 denominations, a move that could affect Indian tourists visiting the Himalayan nation where Indian currency is widely used.

Nepal has asked the RBI to declare newly circulated Indian currency notes of denominations higher than Rs 100 legal tender in the country, according to media report on Sunday.

Nepal Prime Minister K P Sharma Oli on Friday urged his Indian counterpart Narendra Modi to allow exchange of demonetised high-value Indian currency notes held by the country's banks and the general public at the earliest.

Nepal Prime Minister KP Sharma Oli will press India to exchange millions of dollars held in Nepal in demonetized Indian bank notes during a visit this week to improve ties.

The Reserve Bank of India (RBI) has agreed to provide Rs 1 billion to the Nepal Rastra Bank (NRB) after its request that the country was facing a shortage of Indian currency in 100 denomination banknotes.

While there is no clarity on the fate of the withdrawn Indian currency notes of Rs 500 and Rs 1,000 denominations in Nepal, new Indian Rs 500 and Rs 2,000 bank notes are deemed illegal and banned for exchange, Nepal's central bank said on Thursday.

Four Indians were today arrested at an airport in western Nepal for illegally carrying foreign currencies worth Rs 1.52 crore.

Nearly 20 terrorists slipped into India from Nepal in 2009 using the open border between the two countries while fake Indian currency worth almost Rs 2 crore was seized in the country in what is a major security concern for India, a top official said.

Nepal's former crown Prince Paras Shah has denied media reports linking him with a fake Indian currency racket.

Bihar's East Champaran Police said that they have seized Indian and Nepalese currencies to the tune of Rs 50 lakh near the Indo-Nepal border in Raxaul on Sunday.

PhonePe, Indian digital payments and financial technology company, has launched support for cross-border UPI payments, under UPI International. The apps' users can now use their Indian bank accounts to pay at merchant outlets in the UAE, Singapore, Mauritius, Nepal and Bhutan, The Bhutan Live reported. Earlier, Indian users had to use either foreig...

Nepal's central bank has banned the use of Indian currency notes of Rs 2,000, Rs 500 and Rs 200 denominations, a move that could affect Indian tourists visiting the Himalayan nation where Indian currency is widely used.

Nepal has asked the RBI to declare newly circulated Indian currency notes of denominations higher than Rs 100 legal tender in the country, according to media report on Sunday.

Nepal Prime Minister K P Sharma Oli on Friday urged his Indian counterpart Narendra Modi to allow exchange of demonetised high-value Indian currency notes held by the country's banks and the general public at the earliest.

Nepal Prime Minister KP Sharma Oli will press India to exchange millions of dollars held in Nepal in demonetized Indian bank notes during a visit this week to improve ties.

The Reserve Bank of India (RBI) has agreed to provide Rs 1 billion to the Nepal Rastra Bank (NRB) after its request that the country was facing a shortage of Indian currency in 100 denomination banknotes.

While there is no clarity on the fate of the withdrawn Indian currency notes of Rs 500 and Rs 1,000 denominations in Nepal, new Indian Rs 500 and Rs 2,000 bank notes are deemed illegal and banned for exchange, Nepal's central bank said on Thursday.

Four Indians were today arrested at an airport in western Nepal for illegally carrying foreign currencies worth Rs 1.52 crore.

Nearly 20 terrorists slipped into India from Nepal in 2009 using the open border between the two countries while fake Indian currency worth almost Rs 2 crore was seized in the country in what is a major security concern for India, a top official said.

Nepal's former crown Prince Paras Shah has denied media reports linking him with a fake Indian currency racket.