The Government of Nepal has eased restrictions on carrying high-denomination Indian currency notes, allowing individuals to hold Indian ₹200 and ₹500 notes within specified limits. The decision aims to facilitate smoother cross-border movement and reduce inconvenience for travelers, traders, and citizens living near the Nepal-India border.
According to officials, the revised provision is intended to reflect practical realities of daily transactions in border areas, where Indian currency is commonly used alongside the Nepali rupee. The move is also expected to support tourism and small-scale trade, particularly for Nepalis returning from India and Indian visitors entering Nepal.
Authorities have clarified that while the restrictions have been relaxed, carrying Indian currency beyond the prescribed limit remains prohibited. Relevant agencies, including customs and border security offices, have been instructed to enforce the new rules while continuing to monitor for illegal cash movement and financial irregularities.
The policy change comes amid broader efforts by Nepal to streamline cross-border regulations with India, its largest trading partner, and to ease financial transactions for ordinary citizens without compromising regulatory oversight.