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NRB tightens foreign currency exchange rules amid pressure on foreign exchange reserves

KATHMANDU: The Nepal Rastra Bank (NRB) has tightened the foreign currency exchange from banks and financial institutions (BFIs) amidst declining foreign exchange reserve. As the import has surged notably in recent months, this has put country’s foreign exchange reserve in pressure. As of the end of the first month...

NRB tightens foreign currency exchange rules amid pressure on foreign exchange reserves
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