According to the central bank, the US dollar has slightly decreased, with the buying rate of one US dollar at Rs 139.77 and ...

KATHMANDU, Aug 1: Nepal Rastra Bank (NRB) has prepared a draft framework for a "Regulatory Sandbox" to foster innovation in ...

Nepal's banks and financial institutions (BFIs) continue to reel under the problem of having excessive liquidity even after the commencement of the new fiscal year (FY) 2025/26.Citing the problem, ...

KEY POLICY ANNOUNCEMENTS ...

A bank in Nepal is the latest victim in a string of cyber heists, though most of the stolen funds have been recovered, two officials involved in the investigation confirmed on Tuesday. Hackers ...

Nepal Rastra Bank (NRB), the South Asian nation’s central bank, revealed in August 2022 its intentions to develop a central bank digital currency (CBDC). Concurrently, the NRB appealed to the ...

Nepal's central bank on Friday raised its benchmark policy rate at which it lends to commercial banks to 8.5% from 7%, as part of efforts to tame inflation which is running at a six-year high, and ...

The Asian Development Bank said this month that Nepal's government debt increased to 41.4% of gross domestic product in the 2021 fiscal year, from an average of 25.1% between 2016 and 2019 due to ...

Nepal paid for orders from Tarala by letters of credit from Rastra Bank. Tarala wired $1 million to Wu’s account at Nepal Bangladesh Bank Ltd. in Kathmandu to pay for a third party’s delivery ...

Full Case Digest Text Cite as: Chettri v. Nepal Rastra Bank, 14-3724, NYLJ 1202760884512, at *1 (2d Cir., Decided June 20, 2016) ...