Nepal Rastra Bank Raises Daily Gold Import Limit to 25 Kilograms
Summary
Nepal Rastra Bank has raised the daily gold import limit from 20 kg to 25 kg to ensure sufficient supply and price stability in Nepal's domestic market.
Key Points
- Nepal Rastra Bank increased the daily gold import limit from 20 kilograms to 25 kilograms.
- The change was made by revising Integrated Circular 2081.
- The revision affects institutions authorized for foreign exchange transactions.
- The aim is to support adequate gold supply and price stability during the festive season.