KATHMANDU: Nepal’s Central Bank is saddled with 70 million Indian rupees of demonetized Indian currency but India is not making ‘adjustments’ to take back the notes, Foreign Minister Pradeep Kumar Gyawali said on Friday.
He hoped the scrapped notes would be accepted by its neighbor.
The Indian government on November 8, 2016, announced the ban on old 500 and 1,000 rupee notes to curb black money in the system.
“Around INR 70 million (demonetized currency) is deposited in our Central Bank. It went through the banking channel, I don’t know why India is not making the adjustment (in the matter),” Gyawali said.
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