Indian tourists allowed to bring Indian currency equivalent to five thousand dollars
Summary
Nepal Rastra Bank now permits Indian tourists to bring Indian currency equivalent to five thousand US dollars without customs declaration, boosting local tourism in border areas like Birgunj.
Key Points
- Nepal Rastra Bank has allowed Indian nationals to bring Indian currency equivalent to five thousand US dollars during visits to Nepal.
- Previously, only twenty-five thousand Indian rupees were allowed, which limited tourism business at border areas.
- The federal government approved this policy through the current fiscal year's budget announced on May 29.
- This change is expected to benefit local tourism entrepreneurs, especially in Birgunj, which has over 85 hotels reliant on Indian tourists.
