Monetary policy for FY 2081-82 to be announced today

KATHMANDU: The monetary policy for the current fiscal year 2081-82 will be announced today, right after the meeting of the Board of Directors of Nepal Rastra Bank (NRB) this morning. The declaration was scheduled last Friday but was postponed following the appointment of Dr. Yuvraj Khatiwada, former Finance Minister and NRB Governor as Prime Minister's economic advisor.

During a vote of confidence earlier this week, Prime Minister KP Oli emphasized the necessity of a flexible monetary policy, citing the stock market's positive reaction to the establishment of the new government. He also expressed a desire to expand other economic areas.