India, July 26 -- Nepal has permitted Indian and Nepalese nationals to bring into or take out of the country Indian currency notes of Rs 200 and Rs 500 denominations up to a value of Rs 25,000, provided those were issued on or after November 9, 2016.

The Nepal Rastra Bank (NRB), in a notice issued on Thursday, July 23, said Indian currency notes of Rs 500 and Rs 1,000 denominations issued before November 9, 2016, remain prohibited in Nepal.

However, Indian currency notes of Rs 200 and Rs 500 issued after November 9, 2016, can be carried, brought into or taken out of Nepal by Nepali or Indian citizens up to a limit of INR 25,000 per person, in accordance with prevailing regulations, it said.

Though the provisions were already notified b...