As per NRB, banks have liquidity of Rs 62 billion by July 14. Meanwhile, the interbank interest rate has also declined to below 3 percent.
One month earlier, the liquidity squeezed to Rs 23 billion while the interbank interest rate reached 7.5 percent during the period.
The liquidity, however, will be transferred to government account in the various forms of taxes. Thus, the liquidity recorded in the beginning of the upcoming FY will be the real one.
