Minister for Industry, Commerce and Supplies Ramesh Rijal has said that the import of gold quota has been increased to help control theft, smuggling and illegal transactions. He made this remark during the meeting with the gold and silver entrepreneurs organised by the Ministry of Industry, Commerce and Supply at the Ministry on Monda
Nepal Rastra Bank (NRB) has increased the quota of gold import. The central bank has increased the daily gold import quota from 10 kg a day to 20 kg effective from Wednesday. Amending the integrated circular-2079 related to gold import on Wednesday, the NRB allowed the commercial banks to import 20 kg of gold a day and supply it to the market.
KATHMANDU: Nepal Rastra Bank (NRB) has expanded the daily gold import quota from 10 kg to 20 kg, a move aimed at facilitating the gold trade in the country. Previously, importers were allowed to bring in up to 10 kg of gold per day. However, in a recent announcement, the NRB has decided to double […]
Nepal Rastra Bank (NRB) has halved the gold import quota.
Issuing a circular Sunday, the NRB informed all the concerned banks and financial institutions about the reduction of the import quota. The central bank has now made arrangements to import only 10 kg of gold daily. Earlier, the NRB had allowed import of 20 kg gold a day.
