Now Indian notes will not run in Nepal !
The news is that Nepal's government has banned notes above the hundred of Indian currency. In India, the Indian notes above the hundred will not run in Nepal. Prior to the ban, all the notes in India were also in circulation with Nepalese currency in Nepal.
The Government of Nepal has banned notes above the hundred of Indian currency. In India, the Indian notes above the hundred will not run in Nepal.
It is reported that before the ban, all the notes of India were also in circulation in Nepal with the local currency.
The news is that Nepalese suddenly took this decision? A meeting of the Nepalese ministers had recently been held and in this meeting a notice was issued and the Indian notes of 200, 500 and 2,000 would be illegal in Nepal.
The news is that the most interesting is that Nepal has not given any reasons for this. The official notice issued on behalf of Nepal has also not been disclosed. In such a situation, the question arises that how did Nepal suddenly need it?
The news is that why the decision was taken, it is not clear yet.
It is reported that "It is obvious that its impact will be on people. Especially in the border areas Indian businessmen will have problems. It does not seem that there will be any harm to India. The workers of both countries will be worried about work or business in each other's country.
It is news that how will this decision of the Nepal government be practical? Will people with this decision decide to close transactions with notes above 100? In response to this question, the question is, is the question really important whether the government's decision will be effective? That too when it is not for those who take note of it, and those who do not give it,
However, there is also a historical background for the ban on Indian notes. It is said, in 1999 when the pilots of India had hijacked the passenger plane, Nepal on the request of the Indian government had banned 500 notes.
It is reported that before the ban, all the notes of India were also in circulation in Nepal with the local currency.
The news is that Nepalese suddenly took this decision? A meeting of the Nepalese ministers had recently been held and in this meeting a notice was issued and the Indian notes of 200, 500 and 2,000 would be illegal in Nepal.
The news is that the most interesting is that Nepal has not given any reasons for this. The official notice issued on behalf of Nepal has also not been disclosed. In such a situation, the question arises that how did Nepal suddenly need it?
The news is that why the decision was taken, it is not clear yet.
It is reported that "It is obvious that its impact will be on people. Especially in the border areas Indian businessmen will have problems. It does not seem that there will be any harm to India. The workers of both countries will be worried about work or business in each other's country.
It is news that how will this decision of the Nepal government be practical? Will people with this decision decide to close transactions with notes above 100? In response to this question, the question is, is the question really important whether the government's decision will be effective? That too when it is not for those who take note of it, and those who do not give it,
However, there is also a historical background for the ban on Indian notes. It is said, in 1999 when the pilots of India had hijacked the passenger plane, Nepal on the request of the Indian government had banned 500 notes.
It is reported that when India made a ban on the ban, there were 500 Indian rupees and 1000 notes of Indian notes in Nepal. So far no solution has been found for these old notes. Obviously, Nepal's loss was caused by the ban on India's banquo. But whatever decision Nepal has taken, it will not affect it.
It is news that Nepal and Bhutan were badly damaged due to the ban on bank robbery. The Indian Finance Ministry has so far not made any concrete on the old notes present in both the countries.
It is being said that Nepal has decided which decision has already taken place. India has no formal agreement with Nepal and Bhutan, that will be valid for Indian currency transactions in Nepal.
It is reported that Indian notes are traditionally acceptable in Nepal's market. In Nepal, there is also a right to do jobs and business for Nepali citizens. According to the FEMA law of India ie Foreign Exchange Management Act, a person traveling to Nepal can take 25 thousand cash with him.
It is reported that in Nepal there was a ban on the transactions of 500 and 1000 notes by 2014. This was done only on the request of the Government of India. This ban was lifted in August 2015. In November 2016, when India banned notes of 500 and 1000, central banks of Nepal and Bhutan asked to change old notes.
It is news that Nepal and Bhutan were badly damaged due to the ban on bank robbery. The Indian Finance Ministry has so far not made any concrete on the old notes present in both the countries.
It is being said that Nepal has decided which decision has already taken place. India has no formal agreement with Nepal and Bhutan, that will be valid for Indian currency transactions in Nepal.
It is reported that Indian notes are traditionally acceptable in Nepal's market. In Nepal, there is also a right to do jobs and business for Nepali citizens. According to the FEMA law of India ie Foreign Exchange Management Act, a person traveling to Nepal can take 25 thousand cash with him.
It is reported that in Nepal there was a ban on the transactions of 500 and 1000 notes by 2014. This was done only on the request of the Government of India. This ban was lifted in August 2015. In November 2016, when India banned notes of 500 and 1000, central banks of Nepal and Bhutan asked to change old notes.
There were talks in several phases but no formal decision could be taken.
The news is that the problem was that the old notes in both the countries could not be called illegal and there was no solid basis for giving a valid agreement because there was no formal agreement regarding the currency of Indian currency.
The news is that the problem was that the old notes in both the countries could not be called illegal and there was no solid basis for giving a valid agreement because there was no formal agreement regarding the currency of Indian currency.
No comments:
Post a Comment