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Central bank to withdraw 20 billion rupees to manage excess cash

KATHMANDU: The Nepal Rastra Bank (NRB) has decided to issue a new debt instrument worth Rs 20 billion today. This move is designed to pull extra cash out of the banking system. For the past three years, banks in Nepal have had too much “liquidity,” which means they have...

Central bank to withdraw 20 billion rupees to manage excess cash
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