header banner
ECONOMY

Nepalis can now withdraw $2500 USD as per new monetary policy

KATHMANDU, July 22: Nepal Rastra Bank has announced a favorable change for Nepali citizens traveling abroad in the financial year 2023/24.
alt=
By Republica

KATHMANDU, July 22: Nepal Rastra Bank has announced a favorable change for Nepali citizens traveling abroad in the financial year 2023/24.



Under the new monetary policy, Nepalis going overseas will now have the option to withdraw up to 2500 US dollars.


Related story

Govt plans to provide loans without collateral to migrant worke...


Previously, passport facilities were provided to Nepali citizens visiting countries other than India twice a year, with a limit of 1,500 US dollars.


However, the new monetary policy has raised this withdrawal limit to 2500 US dollars, providing travelers with increased access to foreign currency.


 

https://devmyrepublica.nagariknewscdn.com/shared/web/uploads/media/us_dollor.JPG
Related Stories
Editorial

A step forward, but not enough

A step forward, but not enough
ECONOMY

NEPSE escalates 113.42 points to reach 29 months’...

NEPSE escalates 113.42 points to reach 29 months’ high mark; daily turnover increases to Rs 15.81 billion
ECONOMY

Automobile entrepreneurs dissatisfied with monetar...

Automobile entrepreneurs dissatisfied with monetary policy
ECONOMY

NRB introduces cautiously flexible measures to add...

NRB introduces cautiously flexible measures to address ongoing slowdown in various economic sectors
ECONOMY

NRB to provide collateral-free loans to foreign em...

NRB to provide collateral-free loans to foreign employment seekers

Trending

Top Videos

Bold Preety willing to fight for her musical career

Awareness among people on heart diseases has improved in Nepal’

Print still remains the numbers of one platform

Bringing home a gold medal is on my bucket

What is Nepal's roadmap to sage child rights