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Border residents upset by ban on large Indian notes
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PARSA, Dec. 21 -- The Cabinet recently decided to disallow people from carrying Indian currency notes larger than Rs100 in Nepal
Dec 21, 2018-Traders and locals in markets located along the Nepal-India border are especially upset by the government's decision to prohibit the use of 200-, 500- and 2,000-rupee Indian currency notes in the country. They said that the ban would have a negative impact on the exchange of goods and services between the two neighbouring countries. Almost all market towns located along the border have been using Indian currency for payment.
There are many border markets where goods and services are traded. In Viswa market of Parsa, the second biggest market after Birgunj, 90 percent of the business transactions a...
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