Dossier
Indian currency
Coverage of Indian currency in the Nexus archive.
- Nepal eases post-demonetisation curbs on Indian currency; allows ₹200, ₹500 notes
Nepal has eased restrictions on Indian currency following demonetisation, allowing the entry and use of ₹200 and ₹500 notes. Previously, only notes of ₹100 or below were permitted, while the ₹25,000 limit on carrying Indian currency remained in place.
- Rising Crude, US Rate-Hike Bets Counter Dollar Inflow Support for Rupee
The Indian rupee has declined approximately 2% from its June high due to rising crude prices and US rate-hike expectations countering dollar inflow support.