Nepal allows Indian Rs 200 and Rs 500 notes, ends nearly decade-long restriction
New Delhi: Nepal has allowed Indian and Nepalese nationals to carry Indian currency notes of Rs 200 and redesigned Rs 500 denominations into and out of the country, ending a nearly decade-long restriction that had been in place since India's 2016 demonetisation. The move is expected to facilitate tourism, trade and cross-border travel between the two neighbouring countries. The Nepal Rastra Bank (NRB), in a notice reissued on Thursday, said Indian and Nepalese nationals can carry Indian currency notes of Rs 200 and Rs 500 denominations issued on or after November 9, 2016, up to a limit of Rs 25,000…