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NRB tightens import of luxurious items amid pressure on foreign exchange reserve

KATHMANDU: Nepal Rastra Bank (NRB) has tightened imports of some luxurious items to further discourage imports as rising imports have put pressure on foreign exchange reserves. In a circular issued on Monday, the central bank has made an arrangement to keep cash margin when opening LC (letter of credit) in...

NRB tightens import of luxurious items amid pressure on foreign exchange reserve
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