Limit of foreign currency for import increases to USD 50,000

By TRN Online, Kathmandu, July 26: The monetary policy 2024/25 has lifted the limit of the existing foreign currency exchange facility to USD 50,000 from the previous USD 35000.

NRB, while Friday revealed its monetary policy for fiscal year (FY) 2024/25, stated that the limit of foreign currency exchange facility for import of goods through it and draft will be increased to United States (US) dollar 50000 from its previously existing of USD 35000.