Monetary policy cautiously flexible: NRB
Summary
Nepal Rastra Bank maintains cautiously flexible monetary policy in its first quarterly review, noting progress in hydropower production and economic stability despite protest-related challenges.
Key Points
- Nepal Rastra Bank released the first quarterly monetary policy review of fiscal year 2082/83.
- The policy reflects cautious flexibility to support economic improvement amid recent unrest.
- Fitch Ratings maintained Nepal's Sovereign Credit Rating at BB minus this year.
- Hydropower production increased with 309 MW linked to the national grid in last three months.
