News Article

Finance committee directs govt to ease Indian currency exchange process

By Republica

Published: November 17, 2016 04:03 PM

KATHMANDU, Nov 17: The meeting of the Finance Committee under the Legislature-Parliament today has directed the government to ease the exchange of Indian currency notes of 500 and 1,000.

The meeting has directed the Ministry of Finance and Nepal Rastra Bank in this connection.
The committee President Praskash Jwala has shared the decision to this end adding that such currency holding Nepalis were facing difficulties to exchange them.

Lawmakers speaking in the meeting stressed on resolving the issues particularly faced by people living in border areas.

Similarly, NRB governor Dr Chiranjivi Nepal said that they were holding talks with Reserve Bank of India to ease the exchange process assuring that it would yield result soon. RSS

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