KATHMANDU:
The cash-flush financial institutions offered almost Rs 50 billion to the central bank during the eighth round of the reverse repo.
Financial institutions bid for securities worth Rs 48.49 billion during Nepal Rastra Bank (NRB)’s latest bout of reverse repo held today. NRB issued reverse repo worth Rs 19.5 billion today to mop up excess liquidity from the financial system.
The cash-flush financial institutions offered almost Rs 50 billion to the central bank during the eighth round of the reverse repo.
Financial institutions bid for securities worth Rs 48.49 billion during Nepal Rastra Bank (NRB)’s latest bout of reverse repo held today. NRB issued reverse repo worth Rs 19.5 billion today to mop up excess liquidity from the financial system.
