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Rastra Bank issues “repurchase agreement” of 10 billion rupees

Rastra Bank issues “repurchase agreement” of 10 billion rupees

Kathmandu, October 21. The Nepal Rastra Bank is offering a repo (repurchase agreement) to inject Rs 10 billion in the banking system. The repo will be effective from Thursday and will mature on October 28. Financial institutions categorized ‘A’, ‘B’ and ‘C’ can bid for the repo.  Earlier this week, the financial institutions were hit

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