Nepal to introduce interest corridor in August
Nepal's central bank will introduce an interest rate corridor in a "gradual manner", it has confirmed to Central Banking – with the process beginning in the middle of August.
"The objective of introducing an interest corridor is to guide the market interest rates to a desired path and control the high volatility" says Min Bahadur Shrestha, executive director at Nepal Rastra Bank's public debt management department.
The interest rate on the standing liquidity facility (SLF), a mechanism used to
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