Nepal Rastra Bank to withdraw Rs 50 billion from banking system

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KATHMANDU: Nepal Rastra Bank (NRB) is set to withdraw Rs 50 billion from the banking system on Wednesday due to excess liquidity. The central bank will collect the funds through a 25-day deposit instrument via an auction process. The principal amount along with interest will be repaid on September 28. NRB stated that during the […]
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