Nepalis can now withdraw $2500 USD as per new monetary policy

Published On: July 23, 2023 02:04 PM NPT By: Republica  | @RepublicaNepal


Nepalis can now withdraw $2500 USD as per new monetary policy

KATHMANDU, July 22: Nepal Rastra Bank has announced a favorable change for Nepali citizens traveling abroad in the financial year 2023/24.

Under the new monetary policy, Nepalis going overseas will now have the option to withdraw up to 2500 US dollars.

Previously, passport facilities were provided to Nepali citizens visiting countries other than India twice a year, with a limit of 1,500 US dollars.

However, the new monetary policy has raised this withdrawal limit to 2500 US dollars, providing travelers with increased access to foreign currency.

 

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