Kathmandu, 25 July: The Nepal Rastra Bank (NRB) has directed the concerned agencies to release the exchange rate from 10:00 am to 2:00 pm every day for the purpose of remittance exchange.
Making some amendments to the Unified Directives 2076, the NRB has asked the banks and financial institutions and remittance companies to determine the exchange rate through the Foreign Exchange Dealers Association of Nepal (FEDAN).The FEDAN should send the exchange rate to the Foreign Exchange Management Department of the NRB every day, according to the NRB directives.
People’s News Monitoring Service
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