Nepal Rastra Bank
Brief History Nepal Rastra Bank (NRB), the central bank of the Federal Democratic Republic of Nepal, was established in 1956 under the Nepal Rastra Bank Act, 1955. The central bank is the monetary, regulatory and supervisory authority of banks and financial institutions. The new Nepal Rastra Bank Act, 2002, which replaced the former Act, has ensured operational autonomy and independence of the bank. Key objectives of the bank are to achieve price and balance of payments stability
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