KATHMANDU, June 20: The Nepal Rastra Bank (NRB) on Thursday mopped Rs 50 billion from the banking system, following an increase in liquidity in the market. The central bank last mopped liquidity from the market approximately a week ago.
The NRB uses deposit collection tools to draw liquidity when there is an excess of liquidity in the market.
NRB mops Rs 30 billion from financial system for liquidity mana...
On June 13 and 14, the NRB had mopped a total of Rs 65 billion from the market. Additionally, on June 16 and June 19, it provided a permanent deposit facility worth Rs 50.25 billion to draw excess liquidity.
According to NRB, there is currently an excess liquidity of Rs 68.45 billion in the system. The NRB recently withdrew excess liquidity of Rs 183.7 billion, with Rs 133.45 billion being managed through deposit collection tools and Rs 50.25 billion through the Standing Deposit Facility (SDF).
The liquidity withdrawn on Thursday will have a maturity period of 14 days.
