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Nepal - expenditures limit of its citizens
December 29 , 2018
2159 days
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- Nepal has imposed a monthly limit on the amount of Indian currency to its citizen who will spend in India while paying for goods and services.
- The decision was taken to deal with the growing problem of current account deficit and the balance of payment crisis between India and Nepal.
- With the approval of new restrictions, a Nepali citizen would be unable to spend more than Rs1 lakh per month while paying for goods and services in India.
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