Monetary policy is the process where usually central bank of country controls the supply of money to Promote economic growth and stability by mainly targeting interest rate. The main purpose of these activities is to maintain stable price and low employment rate.
As bank and financial institutions (BFIs)
of Nepal are having surplus liquidity it has aided to increase inflation rate more rapidly, hence central bank of Nepal ( Nepal rastriya bank) is expected to tighen the monetary policy by restricting supply of money.
Friday, 18 July 2014
Moneytary policy of Nepal to unveil today
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