Nepal Rastra Bank (NRB) has raised the limits for foreign currency payments and exchange services after amending its unified foreign exchange circular for 2082. The changes were announced by the central bank's Foreign Exchange Management Department.
The revision affects foreign currency transactions related to imports, service payments and other activities by businesses and individuals. The amendment updates the applicable limits under the central bank's foreign exchange regulations.
Sectors affected by the amendment
The revised rules cover several types of foreign currency transactions, including:
- Payments for imports
- Payments for services
- Other transactions covered by the foreign exchange regulations
- Foreign currency exchange services for businesses and individuals
The amendment increases the limits, but the information provided in the report does not specify the revised amounts for each transaction category. Read the report on the changes.
