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Nepal Rastra Bank is moving to reverse a fast-depleting foreign exchange reserve by discouraging the import of non-essential goods and helping enterprises to borrow from abroad.

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With the liquidity crunch in the financial institutions, Nepal Rastra Bank (NRB) on Sunday issued a fresh directive to the bank and financial institutions (BFIs) by amending to the Integrated Directive, 2077 BS.

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Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has said the recovery packages adopted in the last fiscal year had a positive impact on the country's economy.

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Nepal Rastra Bank has been prioritising to make the financial sector's resource mobilisation effective by increasing financial access and the presence of financial institutions on a geographical and provincial basis.

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KATHMANDU: The government till the second month of the current fiscal year provided loans of about Rs 1 billion for the payment to the employees and workers of tourism and cottage industries. The business continuity loan has been extended to the COVID-19 affected tourism, cottage, small

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Currency Unit Buy Sell INR (Indian Rupee) 100 160 160.15 USD (US Dollar) 1 120.25 120.85 EUR (European Euro) 1 140.21 140.91 GBP (UK Pound Sterling) 1 166.26 167.09 CHF (Swiss Franc) 1 130.83 131.48 AUD (Australian Dollar) 1 89.80 90.24 CAD (Canadian Dollar) 1 97.53 98.02 SGD (Singapore Dollar) 1 89.49 87.82 JPY (Japanese Yen) 10 10.53 10.58 CNY (Chinese Yuan) 1 18.82 18.91 SAR (Saudi Arabian Riyal) 1 32.06 32.22 QAR (Qatari Riyal) 1 33.03 33.19 THB (Thai Baht) 1 3.60 3.62 AED (UAE Dirham) 1 32.74 32.90 MYR (Malaysian Ringgit) 1 28.83 28.97 KRW (South Korean Won) 100 10.21 10.26 SEK (Swedish Kroner) 1 13.98 14.05 DKK (Danish Kroner) 1 18.84 18.94 HKD (Hong Kong Dollar) 1 15.46 15.54 KWD (Kuwaity Dinar) 1 398.72 400.71 BHD (Bahrain Dinar) 1 319.00 320.60  

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