Nepal to permit high-denomination Indian currency after decade-long ban. Move eases travel, trade and banking for India and Nepal. Policy aims to boost tourism revenue and strengthen India-Nepal ties.

Kathmandu, Dec. 10 -- Nepal is preparing to allow the circulation of Indian currency notes above INR100 after India formally gave the go-ahead-nearly a decade after the high-denomination notes were ...

Contrary to social media rumors, the Reserve Bank of India has not announced any new rules for exchanging old Rs 500 and Rs 1 ...