KAPILVASTU, Feb 3: Three people have been arrested along with 2.1 million illegal Indian currency from Taulihawa of Kapilvastu. They were arrested along with the money in a car with Indian number plate at around nine o'clock last night near Jamuhar Bridge in Taulihawa based on a special tipoff. Among those arrested are two Nepalis and an Indian national.

KATHMANDU, Jan 23: The government is mulling to raise the maximum limit on hard cash of Indian currency (IC) from existing INR 25,000 that can be exchanged by individuals traveling to India.

KATHMANDU, Jan 13: In what seems to be an effect of the demonetization of Indian currency notes, gold smuggling has soared in immediate neighbor Nepal.

KATHMANDU, Nov 25: With cash stock of Indian currency with the Nepal Rastra Bank (NRB) plunging in the wake of a ban on Rs 500 and Rs 1,000-denominated Indian currency banknotes carried out by India, the NRB has reduced the limit on Indian banknotes provided from its counters to individuals who seek their exchange services before going to India.

KATHMANDU, Nov 22: Nepal Rastra Bank Governor Chiranjibi Nepal said Tuesday that India has responded positively to Nepal’s request about resolving the problem faced by people in Nepal with demonetized Indian currency notes.

KATHMANDU, Nov 22: Metropolitan Police Crime Division, Teku on Monday arrested an Indian national in the charge of duping a Nepali citizen on the pretext of exchanging banned Indian notes of Rs 500 and Rs 1000.

KATHMANDU, Nov 18: The parliamentary Finance Committee has urged the government to resolve the problem of demonetized Indian currency as soon as possible.

KATHMANDU, Nov 15: Prime Minister Pushpa Kamal Dahal has made a phone call to Indian Prime Minister Narendra Modi, requesting him to provide exchange facility for the demonetized Indian currencies in circulation in Nepal.

DHANGADI, Nov 11: The Indian government's sudden decision Tuesday to demonetize the Rs 500 and Rs 1,000 currency notes has hit hard people like Karan Awasthi who have returned home after working in India.