NRB increases daily limits for gold imports and remittance payments
Summary
Nepal Rastra Bank has raised the daily gold import limit from 20 to 25 kilograms and increased the daily remittance payment ceiling to Rs 2.5 million.
Key Points
- Nepal Rastra Bank increased the daily gold import limit from 20 kilograms to 25 kilograms.
- The daily remittance payment limit has been raised from Rs 2 million to Rs 2.5 million.
- These changes are effective immediately under the updated unified directive by NRB's Foreign Exchange Management Department.
- Recipients of remittances must present valid identity documents when collecting funds.
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