NRB increases gold import quota to 20 kg
By The Rising Nepal
03 Apr, 2021
Nepal Rastra Bank (NRB) has increased gold import quota.
The central bank has increased the daily gold import quota from 10 kg a day to 20 kg a day citing the growing demand of the precious yellow metal in the local market.
"Although the gold traders have been demanding 30 kg gold per day, the daily import quota has been fixed at 20 kg depending on the market conditions, foreign currency reserve and other aspects," said Dev Kumar Dhakal, spokesperson of NRB, on Thursday.