NRB Unveiling Monetary Policy Today at 4: 15 PM

Fri, Aug 13, 2021 10:50 AM on Economy, Stock Market, National, Latest,

NRB is preparing to unveil the monetary policy that was delayed due to the change of government even though it was in a state of readiness. The monetary policy passed by the management committee will be made public by Governor Maha Prasad Adhikari after approval from the board meeting today.

NRB was very liberal in its monetary policy last year due to the epidemic. Given that the government is preparing to vaccinate 50% of citizens in a few months from now, it has been speculated that the central bank will not be as facilitating this year.

The stock market has been rising steadily for the past few months. As the market is growing, banks and financial institutions have increased not only loans but also investments in the stock market. Therefore, it has been speculated by a few that the monetary policy might affect the market and its 'bullish trend'. However, various entities, including the Ministry of Finance and the Finance Committee of the Parliament have been suggesting to bring monetary policy without affecting the share market.