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Nepalis, saddled with banned Indian rupee notes, risk losing savings

Nepal depends heavily on funds from workers in India; delay in resolving issue a concern, says an official
Wednesday, July 19, 2017 - 05:50

Kathmandu

NEPALIS stand to lose millions of dollars held in high-value Indian bank notes that India banned last year and has yet to exchange, a Nepali central bank official said on Tuesday.

Indian Prime Minister Narendra Modi in November banned 500 rupee and 1,000 rupee bank notes

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