Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has released the third quarterly review of the Monetary Policy for the current fiscal year 2082/83.

The Nepal Rastra Bank (NRB), while unveiling a review of the monetary policy, has said that it will review the provision of permanent deposit facility to banks and financial institutions to make the interest rate corridor more effective.

Likewise, the policy of flexible monetary policy adopted since the beginning of the current fiscal year has been continued on the basis of the projection that foreign exchange reserves and inflation will remain in line with the target of the bank.

According to the NRB, the existing provisions related to interest rate corridor, bank rate, mandatory cash reserve and statutory liquidity ratio have been retained.