The cash margin in imports has been removed. The Nepal Rastra Bank had arranged for a cash margin of 50 to 100 percent on Letters of Credit For Import (LC) for a year to tighten the import after the foreign exchange reserve crisis raised in Dhukuti.
On Thursday, issuing a consolidated circular, the bank said that all types of cash margin arrangements have been removed. Now businessmen do…
Read full story at NepalNews.com
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