Friday, 11 November 2016

Update : RBI asks NRB about amount of banned Indian notes in Nepal

Posted by Anup Baral | November 11, 2016 :
The Reserve Bank of India (RBI) has asked the Nepal Rastra Bank (NRB) to provide details of the stock of Indian currency in denominations of 500 and 1,000 in the Nepali financial system. The RBI’s query comes two days after India pulled 500 and 1,000 rupee notes from circulation. Indian Prime Minister Narendra Modi on Tuesday announced that 500 and 1,000 rupee notes would be withdrawn from circulation effective Tuesday midnight “to crack down on rampant corruption and counterfeit currency”. Following the Indian government’s surprise decision, the NRB also banned the use of those bank notes in Nepal effective from Wednesday.

Guide of the month: January 2018

Traveling gives us the opportunity to disconnect from our regular life. You get to forget your problems/issues for a few weeks, it can also help you figure things out that you would not have understood without the distance traveling can give you. We all have crazy schedules, work and a family to take care of, going away alone or with some friends can give you distance and perhaps even make you realize how important these people are for you. Like the saying says: we never know what we have until we lose it.

Another great benefit is the relaxation you get to do. It’s nice to live life to its fullest and enjoy a stress free time with yourself. Going on vacation lets us recharge our “batteries” by disconnecting us from our regular life. When we come back we feel invigorated and we are happy to be back in our day to day routine. It’s a very good stress remover that has a lot more to give than most people are willing to accept.

Traveling increases our knowledge and widens our perspective. To view new customs, different ways of living is fantastic for the mind. It gives us a new perspective about life and especially our life, it can help us change some of our habits or even create new ones. When I travel I usually make it a point to try new food, some cultures don’t have fries in their diet and they are all skinny, others use spices to give taste and not oils or fats. Discovering different values and ways to get by in life is really interesting. You also need to visit exotic new places and discover what this wonderful world has to offer.