Nepal to Lift Ban on Indian Notes Above ₹100, Boosting Economy

• Nepal is set to lift its nearly decade-long ban on Indian currency notes above ₹100 denomination.
• The ban, tightened after India's 2016 demonetisation, complicated cross-border trade, travel, and remittances.
• The Reserve Bank of India (RBI) amended regulations in late November 2025, allowing individuals to carry Indian notes above ₹100 up to ₹25,000 across the border.
• This regulatory change by India paved the way for Nepal to reverse its policy.
• The move is expected to significantly boost Nepal's tourism sector and ease remittances for Nepali migrant workers in India.

Why It Matters: Nepal lifting currency ban eases cross-border trade, travel, and remittances.