Nepal okays Indian travelers to carry USD 5000 worth of Indian currency
Summary
Nepal Rastra Bank allows Indian travelers to carry Indian currency equivalent to USD 5000, aiming to boost tourism in Nepal's border areas, especially Birgunj.
Key Points
- Nepal Rastra Bank permits Indian nationals to bring Indian currency equivalent to five thousand US dollars when visiting Nepal.
- Previously, only 25,000 Indian rupees were allowed to be carried by Indian travelers.
- The federal government announced this policy change in the current fiscal year's budget on May 29.
- The change is expected to boost the tourism business in border areas like Birgunj, which relies heavily on Indian tourists.
