Monetary Policy today
KATHMANDU:
The central bank is announcing the Monetary Policy for the fiscal year 2011-12 on Thursday to support the government’s fiscal policy. The central bank has posted BoP surplus — after almots two years — to Rs 3 billion, though last fiscal year’s Monetary Policy had targtted Rs 9 billion surplus. It is also going to reduce CRR to give a little liquidity easiness to the banks.
Source: THT
The central bank is announcing the Monetary Policy for the fiscal year 2011-12 on Thursday to support the government’s fiscal policy. The central bank has posted BoP surplus — after almots two years — to Rs 3 billion, though last fiscal year’s Monetary Policy had targtted Rs 9 billion surplus. It is also going to reduce CRR to give a little liquidity easiness to the banks.
Source: THT
