indian/nepal rupees

Same for 500s too.

scoodly

By law, Indian currency of Rs500 and Rs1000 cannot be used in Nepal and most people hesitate to accept these notes. So, to be one safe side carry 100 rupees note. I think some will take Rs500 notes but that's a chance you will have to take.

but I have heard only Indian one rupee notes will be taken

And that didn't sound strange to you?

Testically, you can't change INR Rs1000 notes, but some will take them.

By law, Indian currency of Rs500 and Rs1000 cannot be

taken out of the country. Or any other denomination if one were to believe the new RBI pronouncement of the other day.

So this might all get moot..

Don't hold your breath.

johnney I guess they might, I have never been to a cashino myself but Nepalese law prevent the use of 500 and 1000 rupees Indian currency. But law are only in book, Nepal would be much better if these laws were actually followed and implemented. But than again sometime they do get crazy and try to implement the law. Here is an example of that from Himalayan times news

http://www.thehimalayantimes.com/fullNews.php?headline=<i>Duo+caught+with+banned+Indian</i>currencies&NewsID=298285

INR is widely acceptable around Nepal. And after the recent trip I believe the 500/1000 restriction is not for money change but only to use that at a shop. almost all shops accept INR converting the prevalent NPR prices. In fact we were mostly quoted INR, maybe because of our looks, while haggling around!