Kathmandu, July 23: Travelers entering or leaving Nepal will now be allowed to bring in or take out up to US$5,000 in cash foreign currency. The provision has been made in accordance with Section 5 and Section 12 of the Foreign Exchange (Regulation) Act, 1962 (2019 B.S.) and Section 29A of the Asset (Money) Laundering Prevention Act, 2008 (2064 B.S.), which govern the import and export of cash foreign currency. Nepal Rastra Bank (NRB) had previo…
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