Nepal has eased restrictions on carrying high-denomination Indian currency in the Himalayan nation, ending a decade-long ban, according to an official statement. The Cabinet decision on Monday follows ...
Indian banknotes are more than just currency; they are a reflection of the country’s rich culture, history, and heritage.
Nepal is preparing to officially permit the circulation of Indian currency notes above the ₹100 denomination, nearly a decade after such notes were banned, a move expected to significantly ease ...
Kathmandu: The Nepal government on Monday allowed Nepali and Indian citizens to carry Indian currency notes denominated at INR 200 and INR 500 while travelling across the border. The Cabinet decision ...
MUMBAI, May 22 (Reuters) - India is bracing for a second currency note exchange program in less than seven years, pulling its 2,000 rupee note out of circulation in an exercise that comes ahead of a ...
On May 2, Nepal’s cabinet decided that the country’s new 100-rupee note would feature the updated map of Nepal. Nepal’s map was updated in August 2020, when Lipulekh, Limpiyadhura, and Kalapani ...
MUMBAI, May 19 (Reuters) - India will start withdrawing its highest value currency notes from circulation, the central bank said on Friday, in a move that economists said could boost bank deposits at ...
On May 19, the Reserve Bank of India announced that it was pulling out of circulation the country’s highest denomination currency, the 2,000 rupee note (worth $24.27 at today’s exchange rate). Unlike ...
RBI Currency Printing: The Reserve Bank of India (RBI) holds the right to print and distribute the currency of India. The Indian currency, which has multiple rupee notes and coins, is handled by the ...
The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change. By Sameer Yasir and Mike Ives Sameer Yasir ...
NEW DELHI: Tearing or damaging a currency note is a common mishap, but to ensure it doesn't lead to financial loss, the Reserve Bank of India (RBI) has laid down clear rules for the exchange of ...