KATHMANDU: Nepal Rastra Bank (NRB) plans to withdraw an extra Rs. 30 billion from the financial system to control surplus liquidity.
The central bank will execute this move through a bidding process, inviting banks and financial institutions to take part.
This action is part of NRB’s continuous efforts to regulate the flow of money in the market.
At the same time, Rs. 144 billion that NRB had previously absorbed is still awaiting its maturity date.
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