Nepal – The majority of affected
Bhutan – Not much affected
Difficulties for Bangladesh. Sri Lanka and Myanmar
Pakistan Strike to their Na-pak iraade
Reduced smuggling of goods/weapons and terrorist activity in Kashmir region owing to nonavailability of new forex to fund their particular heinous causes and also built the fake-note printing press maintained by simply ISI useless
A limited currency understanding owing to weeding out of dark-colored money, false money out of formal system at some level would further more increase the cost of imported products from India. Also it will lead a push toward gold in these economies (safe-haven)
In short term, demonetization would certainly affect the broader economy of nieghbourhood nations to some extent, as well as the move is likewise seen as resistant to the principles of ‘Neighbourhood First’ policy. As well, Govt. during these nations might now will be cautious concerning freely trading in INR, and instead may push to be used of their own foreign currencies
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