Nepal has allowed Indian and Nepali citizens to carry Indian Rs 200 and Rs 500 notes up to INR 25,000, if issued after November 9, 2016. The move aims to ease currency movement, boost tourism and facilitate cross-border trade
The government confirmed that Rs 500 notes will continue to be issued and dispensed via ATMs. It debunked a viral WhatsApp message claiming RBI plans to phase them out. Authorities urged the public not to fall for misinformation
