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India’s demonetization drive drags down Nepal’s economy
Published On: December 15, 2016 08:56 AM NPT By: Gopal Sharma/ Manoj Kumar/ Reuters
KATHMANDU/NEW DELHI, Dec 15: India’s scrapping of high-value bank notes last month has dragged down economic growth in neighboring Nepal with trade, remittances and tourist numbers all down, BMI Research, a group company of the Fitch rating agency, said on Wednesday.
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