Stories Tagged 'Ic notes'
The government has banned Indian currency of all denominations above rupees 100.
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The Indian Embassy in Kathmandu has queried the Nepal Rastra Bank (NRB) about the legal status of Indian banknotes in circulation in Nepal amid confusion over whether the Indian government would allow Nepalis to exchange banned Indian notes with legal tenders in Nepal.
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Five Nepali teachers sent to custody at Nautanuwa in India on suspicion of possessing fake Indian currency with a face value of IRs 4,000 on Wednesday.
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India will soon withdraw the ban on the use of Rs 500 and Rs 1,000 Indian currency (IC) notes in Nepal, said Indian Prime Minister Narendra Modi on Tuesday.
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Tags: IC notes