NRB plans to welcome 2076 by floating Repo worth Rs 15 arba
Thu, Apr 11, 2019 1:52 PM on Latest, Stock Market,
In order to ease the liquidity in banks, NRB will be floating Rs 15 arba. Since a lot of amount will be blocked due to taxation in the month of Chaitra, so in order to prevent a severe liquidity, NRB has decided to float Rs 15 arba through Repo.
The time duration of repo is one week from 5th Baisakh, 2076. Central bank will be floating repo at an interest rate of 5%.
