NRB injecting Rs 5 Bn in financial system today

Dec 31, 2017 Merolagani



Nepal Rastra Bank (NRB) is injecting Rs 5 billion in the financial system of the country today.  The central bank is buying back the development bonds held by BFIs in a bid to provide liquidity in the financial system.

 

 NRB has called for the direct purchase of the development bonds to the BFIs. In a bid to lessen the liquidity crunch of BFIs, NRB is purchasing the development bonds from the BFIs.

According to the NRB, the tool will inject Rs 5 billion in BFIs which will address the current liquidity crisis in BFIs.

 




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