NRB turns flexible on imports; raises the limit of foreign currency to $60,000 from $50,000 for a single transaction
KATHMANDU, Aug 7: Nepal Rastra Bank (NRB) has increased the ceiling on use of foreign currency on imports to US $60,000 from existing USD 50,000 for one-time transaction.
KATHMANDU: The Nepal Rastra Bank (NRB) has announced the foreign currency exchange rates for today (Sunday). Today, the exchange rates for most foreign currencies, including the US dollar, Australian dollar, Euro, and British pound, have remained unchanged from yesterday. This means that foreign currency transactions will be conducted at the same rates as the previous […]
KATHMANDU: Nepal Rastra Bank (NRB) has announced the foreign currency exchange rates for today (Monday). Most foreign currency prices remain unchanged from yesterday. For today, the buying rate for the US dollar is set at 134 rupees 04 paisa, and the selling rate is 134 rupees 64 paisa. These rates are consistent with those of […]
KATHMANDU: Nepal Rastra Bank (NRB), the central bank, has tightened the facility provided for foreign currency exchange for import-export. With this arrangement put in place, the central bank has toughened money laundering that can be promoted through import and export. The central bank obligated the licensed banks and financial institutions (BFIs) to formulate necessary work […]
The central bank of Nepal has tightened rules and requirements of foreign currency exchange as the country's foreign exchange reserves are on the decline.
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