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ECONOMY

NRB mops Rs 40 billion from system to manage liquidity

KATHMANDU, Aug 7: The Nepal Rastra Bank (NRB) mopped an additional amount of Rs 40 billion from the banking system for liquidity management.
By Republica

KATHMANDU, Aug 7: The Nepal Rastra Bank (NRB) mopped an additional amount of Rs 40 billion from the banking system for liquidity management. 



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NRB to mop additional Rs 40 billion for liquidity management


The NRB is going to mop Rs 40 billion for 21 days through a bidding instrument. 


Banks and financial institutions were required to submit proposals by 3 PM on Wednesday. Similarly, Rs 37.6 billion mopped earlier by the central bank is yet to mature. 

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