Nepal has angered India by announcing a new NPR 100 currency note that shows territories claimed by its South Asian neighbour, reigniting a longstanding border dispute that has soured relations ...

KATHMANDU (Reuters) - Nepali Prime Minister K.P. Sharma Oli will press India to exchange millions of dollars held in Nepal in banned high-value Indian bank notes during a visit this week to improve ...

SINGAPORE, May 24 (Reuters) - Nepal is considering devaluing its currency because a decades-old peg with the Indian rupee is posing problems for its monetary policy and competitiveness, the central ...

KATHMANDU, Nepal (AP) -- Nepal's banks are refusing to accept new Indian 500 and 2,000 rupee notes because the Indian central bank has not officially informed the neighboring Himalayan nation of their ...

On May 2, Nepal’s cabinet decided that the country’s new 100-rupee note would feature the updated map of Nepal. Nepal’s map was updated in August 2020, when Lipulekh, Limpiyadhura, and Kalapani ...

Recently, India-Nepal relations have come under scrutiny over the demonetized Indian currency sitting in Nepal. An official study estimates that Nepali banks, financial institutions, and individuals ...

Bank of Kathmandu Ltd. has launched what it says is the country’s first debit card designed for customers who have accounts based on a foreign currency, the Nepal-based issuer announced Jan. 26. The ...

KATHMANDU (Reuters) - The picture of Nepal's unpopular King Gyanendra will be replaced by that of Mount Everest on the Himalayan country's 10-rupee notes, the finance minister said on Friday. The ...