BEIJING, Sept 24: China’s central bank governor said Tuesday its monetary policy will stay “stable and healthy,” suggesting Beijing has no plans to join the United States and Europe in cutting interest rates to stimulate economic growth amid a tariff war with Washington.
Nepal Rastra Bank (NRB) issued the monetary policy for the current fiscal year 2019/20 last week. One of the major expectations of the private sector from the central bank’s monetary policy was measures to check the skyrocketing interest rates of bank and financial institutions (BFIs).
KATHMANDU, July 25: Nepal Rastra Bank (NRB) has introduced its monetary policy for the new fiscal year 2019/20, focusing on making liquidity management more efficient and maintaining interest rate stability.
KATHMANDU, July 24: Nepal Rastra Bank unveiled Monetary Policy for the Fiscal Year 2019/20 on Wednesday that has paved the way for the establishment of branches of Nepali financial institutions in foreign countries.
KATHMANDU, Feb 20: Nepal Rastra Bank (NRB) has released the mid-term review report of the monetary policy for the current Fiscal Year 2018/19, bringing some measures aimed at checking ultra-high lending rates and availing more lendable fund to the private sector.