header banner
ECONOMY

NRB completes melting of smuggled gold

KATHMANDU, Aug 15: The melting of smuggled gold hidden inside brake shoes of motorcycles has been completed.
By Republica

KATHMANDU, Aug 15: The melting of smuggled gold hidden inside brake shoes of motorcycles has been completed.


The Mint Division of Nepal Rastra Bank (NRB) said that the smuggled gold has been melted. It is said that the Mint Division of NRB will provide official information about the actual weight of the smuggled gold after a while. The process of melting the smuggled gold started at 10:30 AM today.


Related story

Revised interest rate corridor system introduced


On Monday, the task to separate gold from the brake shoes was completed. The separated gold weighed 60 kg and 789 grams. It is estimated that the amount of smuggled gold may decrease further after the melting.


 


 

Related Stories
Lifestyle

Antarctica is melting faster

SOCIETY

Smuggled gold was melted at two locations in Kathm...

SOCIETY

Ready Traders smuggled 302 kg of gold into Nepal:...

SOCIETY

Gore accuse SSP Shyam Khatri of channeling the smu...

SOCIETY

Indian Passenger traveling from Butwal to Kathmand...