NEPAL BANNED INDIAN 2000 , 500 AND 200 CURRENCY NOTES.

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NEPAL BANNED INDIAN 2000 , 500 & 200 RUPEES NOTE.


         Recently Nepal has banned indian    currency in there country .After demonitisation in India ; Nepal too moves same for only indian currency .


REASON...

  
        When Indian government banned 1000 and 500 notes in India at that time nepal too have some amount of indian currency of 1000 and 500 rupee notes .

              After that nepal government continously trying to do CURRENCY SWAP AGREEMENT with indian government but indian goverment does not taking initiative . 

           Further after continous request of nepal government they are obliges to ban indian currency because if again DEMONITASION take place in india then there currency liquidity will be disturbed.


        Nepal have nearly 500-1000 crore indian 1000 and 500 old notes . Nepali businessman and trader have nearly 3000-10,000 crore indian banned rupee.

    Thus continously nepal governmant wants to do currency swap .

         MEANWHILE BHUTAN TOO ASKS CITIZEN TO HOLD AS LESS AS INDIAN CURRENCY TO THERE CITIZEN ..


WHAT WILL BE FURTHER MOVE OF GOVERNMENT ?

        Indian government at this stage must do CURRENCY SWAP AGREEMENT with nepal to protect nepal from going away  and maintain frendly relation as always.

       We all know nepal had recently ignored BIMSTEC meeting. It appeared as observer .

      If government ignores this case then as we all know nepal had done many agreement with china. Then we will face neighbouring bi-polarism.


   
                     .......THANK YOU,.,,...

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