August 26, 2026, Wednesday
English

Preparing to introduce monetary policy on July 1, the National Bank Act is being amended

Main News Image

Kathmandu. The government is going to announce the monetary policy from the next financial year on July 1. Necessary legal preparations have been made for that. This agreement was reached during the regular discussion on the bill made to amend the 'Nepal National Bank Act, 2058' in the meeting held on Monday by the Finance Committee under the House of Representatives.

Committee Chairman Dr.Krishnahari Budhathoki informed that the date of announcement of monetary policy has been fixed on July 1st, just like the time of announcing the budget. Chairman Budhathoki said that Bankers Association and chief executive officers of various banks have expressed serious dissatisfaction with the provisions of Section 100 of the Nepal Rashtra Bank Act.

mediabaaji add

Related News

New exchange rate of foreign currency announced: which country's rupee is being bought and sold at?

Kathmandu. Nepal Rastra Bank has determined the new exchange rate of foreign currency for Friday. According to the information released by the Central Bank, today the buying rate of one US dollar is 153 rupees 63 paisa and the selling rate is 154...

Heavy increase in the price of gold, how much per tola?

Kathmandu. The price of gold has set a new record in the Nepalese market on Tuesday. Gold rose by Rs 5,500 per tola and reached its highest price so far. According to the Federation of Nepal Gold and Silver Dealers, on Tuesday, Rs. On Monday, the...

Exchange rate determination: The selling rate of US dollar exceeded Rs.151

Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currencies for Monday. According to the new rate set by the Central Bank, today the buying rate of one US dollar has reached 150 rupees 62 paisa and the selling rate...

Diktel Rupakot allocated a budget of Rs 45 lakh to drive away the monkeys

Kathmandu. Diktel Rupakot Majhuwagadhi Municipality has allocated a budget for monkey extermination. In order to provide relief to the farmers suffering from the terror of monkeys, the municipality has allocated a budget from the 15th Municipal As...

Reactivated after five years, Nepal-India joint agricultural system, emphasis on trade and technology

Kathmandu. The ninth meeting of the Joint Agriculture Working Group, which was formed with the aim of giving a new impetus to the strategic cooperation in the agricultural sector between Nepal and India, has been completed in Kathmandu after five...

The value of the US dollar, Euro and Australian dollar has increased, such is the exchange rate

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 147 rupees 92 paisa and the selling rate is 148 rupees 52 paisa. On Wednesda...