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Nepal Rastra Bank head office located in Baluwatar, Kathmandu. The Nepal Rastra Bank (NRB; Nepali: नेपाल राष्ट्र बैंक) was established on April 26, 1956 A.D. (Nepali Date: Baisakh 14, 2013 B.S.) under the Nepal Rastra Bank Act, 1955, to discharge the central banking responsibilities including guiding the development of the embryonic domestic financial sector.
The Nepalese rupee (Nepali: रुपैयाँ, Roman: Rupaiyām̐; symbol: रु.; code: NPR) is the official currency of the Federal Democratic Republic of Nepal. The Nepalese rupee is subdivided into 100 paisa. The issuance of the currency is controlled by the Nepal Rastra Bank, the central bank of Nepal.
Agrawal (Giriya), Shyam and Gyawali, Kamal Prasad: Notes and Coins of Nepal. Nepal Rastra Bank Golden Jubilee Year 2005/06, Kathmandu, 2006. Bertsch, Wolfgang (2009). "The Legends on the Banknotes of Nepal". International Banknote Society (IBNS) Journal. 48 (3): 39– 44. Jha, Hari Jaya: An Overview of Nepalese Paper Money.
The Nepal Rastra Bank has licensed 107 BFIs [clarification needed] as of mid-July 2024. This is a list of banks and financial institutions in Nepal licensed by the Nepal Rastra Bank and their branches/ extension counters. [clarification needed] [1]
Bank of Mongolia Myanmar: Burmese kyat: Central Bank of Myanmar Nepal: Nepalese rupee: Nepal Rastra Bank: 1 INR = 1.6000 NPR (buy) 1 INR = 1.6015 NPR (sell) North Korea: North Korean won: Central Bank of the Democratic People's Republic of Korea Oman: Omani rial: Central Bank of Oman: 1 OMR = USD 2.6008 Pakistan: Pakistani rupee: State Bank of ...
Commercial banks are 'A' Class Financial Institutions in Nepal. Nepal Bank Limited is the first & oldest Commercial bank in Nepal established in 1937 AD with government and private investment.Commercial Bank mainly provide facilities to their customer like Deposits, Loans, Mobile Banking, Remittance.
No central bank; uses the Australian dollar as its domestic currency Nepal: Nepalese rupee: Nepal Rastra Bank: नेपाल राष्ट्र बैंक 1956 Netherlands: Euro: European Central Bank (De Nederlandsche Bank) 1814 New Caledonia: CFP franc: Overseas Issuing Institute as part of the CFP: Institut d'émission d'outre-mer New ...
[95] [96] [97] [94] The Nepal Rastra Bank Act, 1955 and Later, the Foreign Exchange Regulation Act, 1963 and Nepal's choice for a fixed exchange rate with Indian Currency along with supporting government policies contributed significantly in stabilizing confidence in both the domestic currency and in exchange rate among the local traders. [90]