Saturday, June 5, 2010

Steps taken by Nepal Rastra Bank to ease the Liqudity crunch..

  1. The terms for repo transactions were lengthened from 28 to 45 days—similar tomeasures taken in many other countries during the crisis
  2. Commercial banks’ call deposits can count towards meeting the statutory liquidity ratio
  3. A new refinancing facility to channel credit to the export, power and tourism sectors has been introduced.

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