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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank said that the policy rate has been kept unchanged at </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">7</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. Similarly, the NRB has kept the other rates under the interest rate corridor unchanged.</span></span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Along with this, it is estimated that the interest rate on loans and deposits may likely decrease. Bank rate affects the interest rate of loans and deposits. If the bank rate increases, the interest rate will increase and if it decreases, the interest rate will decrease.</span></span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank said that the policy rate has been kept unchanged at </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">7</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. Similarly, the NRB has kept the other rates under the interest rate corridor unchanged.</span></span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the central bank, the policy rate has been kept unchanged considering the prospects of the foreign exchange reserve to support imports as well as the policy rate of neighboring country and the difference between the inflation rates between the two countries.</span></span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank said that the policy rate has been kept unchanged at </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">7</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. Similarly, the NRB has kept the other rates under the interest rate corridor unchanged.</span></span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank said that the policy rate has been kept unchanged at </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">7</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. Similarly, the NRB has kept the other rates under the interest rate corridor unchanged.</span></span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the central bank, the policy rate has been kept unchanged considering the prospects of the foreign exchange reserve to support imports as well as the policy rate of neighboring country and the difference between the inflation rates between the two countries.</span></span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank said that the policy rate has been kept unchanged at </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">7</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. Similarly, the NRB has kept the other rates under the interest rate corridor unchanged.</span></span></span></span></p>
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May 12: Nepal Rastra Bank (NRB) has reduced the bank rate by one percentage point to 7.5 percent. The central bank on Friday released the third quarterly review of the monetary policy for the fiscal year 2022/23 and reduced the bank rate.
Along with this, it is estimated that the interest rate on loans and deposits may likely decrease. Bank rate affects the interest rate of loans and deposits. If the bank rate increases, the interest rate will increase and if it decreases, the interest rate will decrease.
The central bank said that the policy rate has been kept unchanged at 7 percent. Similarly, the NRB has kept the other rates under the interest rate corridor unchanged.
According to the central bank, the policy rate has been kept unchanged considering the prospects of the foreign exchange reserve to support imports as well as the policy rate of neighboring country and the difference between the inflation rates between the two countries.
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank said that the policy rate has been kept unchanged at </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">7</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. Similarly, the NRB has kept the other rates under the interest rate corridor unchanged.</span></span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank said that the policy rate has been kept unchanged at </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">7</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. Similarly, the NRB has kept the other rates under the interest rate corridor unchanged.</span></span></span></span></p>
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<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank said that the policy rate has been kept unchanged at </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">7</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. Similarly, the NRB has kept the other rates under the interest rate corridor unchanged.</span></span></span></span></p>
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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'title' => 'Central Bank Lowers Bank Rate by 1 Percentage Point',
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'summary' => 'May 12: Nepal Rastra Bank (NRB) has reduced the bank rate by one percentage point to 7.5 percent.',
'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">May 12: Nepal Rastra Bank (NRB) has reduced the bank rate by one percentage point to </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">7.5</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. The central bank on Friday released the third quarterly review of the monetary policy for the fiscal year </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">20</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">22/23 and reduced the bank rate.</span></span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Along with this, it is estimated that the interest rate on loans and deposits may likely decrease. Bank rate affects the interest rate of loans and deposits. If the bank rate increases, the interest rate will increase and if it decreases, the interest rate will decrease.</span></span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank said that the policy rate has been kept unchanged at </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">7</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. Similarly, the NRB has kept the other rates under the interest rate corridor unchanged.</span></span></span></span></p>
<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the central bank, the policy rate has been kept unchanged considering the prospects of the foreign exchange reserve to support imports as well as the policy rate of neighboring country and the difference between the inflation rates between the two countries.</span></span></span></span></p>
<p> </p>
<p> </p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
