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NRB keeps bank rate unchanged, general flexibility in policy rate
July 23, 2023 14:15 pm
KATHMANDU, July 23: Nepal Rastra Bank (NRB) has reduced the policy rate keeping the bank rate unchanged at 7.5 percent. While unveiling the monetary policy for the fiscal year 2023/24, the NRB announced that the policy rate has been reduced by to 6.5 percent in view of the internal and external economic scenario. Similarly, the deposit collection rate has been reduced from 5.5 percent to 4.5 percent, according to the NRB.
NRB adopts flexibility in policy rate and refinance through third review of monetary policy 2022/23
May 12, 2023 15:00 pm
KATHMANDU, May 12: Nepal Rastra Bank has reduced the bank rate by one percent, targeting to address the ongoing economic slowdown of the country.
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