The Nepal government has asked citizens not to use, keep and carry Indian currency notes of Rs 2,000, Rs 500 and Rs 200. Only Rs 100 notes will be used in the country.
The announcement was made by Minister for Information and Communications Gokul Prasad Baskota on Thursday.
The government has asked the people to refrain from keeping or carrying Indian bank notes higher than Rs 100 denomination as it has not legalised them, The Kathmandu Post quoted Gokul Prasad Baskota as saying.
The new notes have been in use in Nepal since they were introduced by the Indian govt, post demonetisation in 2016, though only Rs 100 note was legalised by the Nepal Government.
This decision is expected to affect the middle and low-income Indian tourists who travel to Nepal frequently and also Nepalese labourers working in India.