Governor of The Rastra Bank. Poudel busy with high-level meetings in Switzerland

लगानी न्यूज

१६ असार २०८२, सोमबार १६:०७June 30, 2025

Kathmandu. Governor of Nepal Rastra Bank. Bishwanath Poudel is attending the 95th annual meeting of the Bank for International Settlements (BIS) held in Basel, Switzerland.

TAG_OPEN_div_33 Established in 1930, BIS is an international financial institution. Currently, there are 63 central banks as members. Established with the objective of maintaining monetary and financial stability around the world, the organization has been playing an important role in collaboration between central banks and for the development of the financial system and maintaining financial stability.

The meeting was attended TAG_OPEN_div_31 by central bank governors and high officials of BIS member states and countries around the world.

The

program discussed the achievements made by central banks in the inter-country payment system and the challenges faced by the central banks and the use of artificial intelligence in the central bank and the challenges it can bring to the banking system and the policy arrangements to be adopted by the central banks to address them. Also, Governor Dr. Poudel also participated in an interaction programme on Regulation and Competitiveness. Bis General Manager Agustin Carstens released the annual report at the annual meeting.

On TAG_OPEN_div_27 the sidelines of the annual meeting, Governor Dr. Poudel held a meeting with Bis General Manager Agustin Carstens. He also held a meeting with the representatives of bis, banking department head Luis Bengocha, including senior officials of the department.

The meeting discussed the possibilit TAG_OPEN_div_25 y of collaboration with the Rastra Bank to increase the returns from foreign exchange reserve management by purchasing gold for diversification of foreign exchange reserves investment and investing in new instruments available in the global market.

Discussion TAG_OPEN_div_23 s were also held on the need for further investment opportunities to manage similar foreign exchange reserves safely, profitably and effectively.

During the annual meeting, Governor Dr. A meeting was held between Poudel and Reserve Bank of India Governor Sanjay Malhotra. During the meeting, discussions were held on further expanding bilateral relations between the two central banks and continuous coordination between the two central banks in the coming days to enhance bilateral cooperation, simplifying the payment system and capacity building of human resources.

Similarly, during the meeting, Governor Dr. Poudel and People’s Bank of China Governor Fan Kongsang held a meeting. During the meeting, discussions were held on bilateral cooperation between the two central banks and continued cooperation to make banking transactions and payment system easier and more effective.

Governor Dr. Poudel was accompanied by Director of The Department of Regulation of Banks and Financial Institutions Govinda Prasad Nagila and Director of the Governor’s Office and Secretary of the Board of Directors Sharan Kumar Adhikari.