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January 7: Nepal Rastra Bank (NRB) has once again urged the Reserve Bank of India (RBI) to exchange the Indian currencies which were in circulation in Nepal before the Indian government imposed a ban on those notes. The central bank wrote a letter to the RBI on Friday under the instruction from the Ministry of Finance.
The Foreign Exchange Department of NRB said that it has urged the RBI to exchange the banned Indian currency which has gathered dust in Nepal since a long time.
According to the central bank, the banking sector of Nepal has a stock of Indian currencies of 500 and 1000 denominations worth Rs 60 million which have remained unused since the Indian government imposed a ban on the notes some two years ago.
The department chief Bhisma Raj Dhungana informed New Business Age that the Reserve Bank of India has ignored the request of NRB time and again to exchange the notes.
The central bank is expecting some positive response this time.
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
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'id' => '9763',
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'title' => 'Central Bank Urges RBI to exchange Banned Indian Currency',
'sub_title' => '',
'summary' => 'January 7: Nepal Rastra Bank (NRB) has once again urged the Reserve Bank of India (RBI) to exchange the Indian currencies which were in circulation in Nepal before the Indian government imposed a ban on those notes.',
'content' => '<p>January 7: Nepal Rastra Bank (NRB) has once again urged the Reserve Bank of India (RBI) to exchange the Indian currencies which were in circulation in Nepal before the Indian government imposed a ban on those notes. The central bank wrote a letter to the RBI on Friday under the instruction from the Ministry of Finance.</p>
<p>The Foreign Exchange Department of NRB said that it has urged the RBI to exchange the banned Indian currency which has gathered dust in Nepal since a long time.</p>
<p>According to the central bank, the banking sector of Nepal has a stock of Indian currencies of 500 and 1000 denominations worth Rs 60 million which have remained unused since the Indian government imposed a ban on the notes some two years ago.</p>
<p>The department chief Bhisma Raj Dhungana informed New Business Age that the Reserve Bank of India has ignored the request of NRB time and again to exchange the notes.</p>
<p>The central bank is expecting some positive response this time.</p>
<p> </p>
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(int) 0 => array(
[maximum depth reached]
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'title' => 'Central Bank Urges RBI to exchange Banned Indian Currency',
'sub_title' => '',
'summary' => 'January 7: Nepal Rastra Bank (NRB) has once again urged the Reserve Bank of India (RBI) to exchange the Indian currencies which were in circulation in Nepal before the Indian government imposed a ban on those notes.',
'content' => '<p>January 7: Nepal Rastra Bank (NRB) has once again urged the Reserve Bank of India (RBI) to exchange the Indian currencies which were in circulation in Nepal before the Indian government imposed a ban on those notes. The central bank wrote a letter to the RBI on Friday under the instruction from the Ministry of Finance.</p>
<p>The Foreign Exchange Department of NRB said that it has urged the RBI to exchange the banned Indian currency which has gathered dust in Nepal since a long time.</p>
<p>According to the central bank, the banking sector of Nepal has a stock of Indian currencies of 500 and 1000 denominations worth Rs 60 million which have remained unused since the Indian government imposed a ban on the notes some two years ago.</p>
<p>The department chief Bhisma Raj Dhungana informed New Business Age that the Reserve Bank of India has ignored the request of NRB time and again to exchange the notes.</p>
<p>The central bank is expecting some positive response this time.</p>
<p> </p>
',
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'created' => '2019-01-07',
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
