Demonetisation a complex issue, RBI and Nepal Rashtra Bank in talks to resolve it: FS Vijay Gokhale

The central banks of India and Nepal are discussing the “technical issues” related to return of demontised Indian currency notes, Foreign Secretary Vijay Gokhale Saturday said, hoping the apex banks of the two neighbouring countries would be able to resolve it. Gokhale made the remark during a press meet, a day after Nepalese prime minister K P Sharma Oli urged his Indian counterpart Narendra Modi to allow exchange of demonetised high-value Indian currency notes held by the country’s banks and the general public at the earliest.
“Our Reserve Bank and their Nepal Rashtra Bank are having discussions on that. We must understand that it is a very complex .

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