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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Nepal Rastra Bank has taken a policy-level decision to introduce the Foreign Investment and Foreign Loan Management Bylaws, 2077, which won&rsquo;t require its approval for FDI. The central bank has asked stakeholders for feedback regarding this new provision within a month.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Although the investors do not require to take permission from the central bank, they still need to take permission from other concerned government bodies. After getting the final approval, the investors need to inform the central bank in written about any foreign currency being flown in or out of the country.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Executive Director of the Foreign Exchange Department of NRB Bam Bahadur Mishra says that the central bank is taking a giant leap to facilitate foreign direct investment.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">&ldquo;We are trying to promote FDI and therefore we are making a new arrangement for the first time,&rdquo; said Mishra, adding, &ldquo;Now the investors can go directly to the Department of Industry instead of coming to the central bank.&rdquo;</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mishra added that the investors do need to visit the central bank for the final auditing though.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Officials at NRB expressed their belief that the new bylaws would further facilitate FDI.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Nepal Rastra Bank has taken a policy-level decision to introduce the Foreign Investment and Foreign Loan Management Bylaws, 2077, which won&rsquo;t require its approval for FDI. The central bank has asked stakeholders for feedback regarding this new provision within a month.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Although the investors do not require to take permission from the central bank, they still need to take permission from other concerned government bodies. After getting the final approval, the investors need to inform the central bank in written about any foreign currency being flown in or out of the country.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Executive Director of the Foreign Exchange Department of NRB Bam Bahadur Mishra says that the central bank is taking a giant leap to facilitate foreign direct investment.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">&ldquo;We are trying to promote FDI and therefore we are making a new arrangement for the first time,&rdquo; said Mishra, adding, &ldquo;Now the investors can go directly to the Department of Industry instead of coming to the central bank.&rdquo;</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mishra added that the investors do need to visit the central bank for the final auditing though.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Officials at NRB expressed their belief that the new bylaws would further facilitate FDI.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]Code Context    $user = $this->Session->read('Auth.User');

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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Nepal Rastra Bank has taken a policy-level decision to introduce the Foreign Investment and Foreign Loan Management Bylaws, 2077, which won&rsquo;t require its approval for FDI. The central bank has asked stakeholders for feedback regarding this new provision within a month.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Although the investors do not require to take permission from the central bank, they still need to take permission from other concerned government bodies. After getting the final approval, the investors need to inform the central bank in written about any foreign currency being flown in or out of the country.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Executive Director of the Foreign Exchange Department of NRB Bam Bahadur Mishra says that the central bank is taking a giant leap to facilitate foreign direct investment.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">&ldquo;We are trying to promote FDI and therefore we are making a new arrangement for the first time,&rdquo; said Mishra, adding, &ldquo;Now the investors can go directly to the Department of Industry instead of coming to the central bank.&rdquo;</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mishra added that the investors do need to visit the central bank for the final auditing though.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Officials at NRB expressed their belief that the new bylaws would further facilitate FDI.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Nepal Rastra Bank has taken a policy-level decision to introduce the Foreign Investment and Foreign Loan Management Bylaws, 2077, which won&rsquo;t require its approval for FDI. The central bank has asked stakeholders for feedback regarding this new provision within a month.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Although the investors do not require to take permission from the central bank, they still need to take permission from other concerned government bodies. After getting the final approval, the investors need to inform the central bank in written about any foreign currency being flown in or out of the country.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Executive Director of the Foreign Exchange Department of NRB Bam Bahadur Mishra says that the central bank is taking a giant leap to facilitate foreign direct investment.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">&ldquo;We are trying to promote FDI and therefore we are making a new arrangement for the first time,&rdquo; said Mishra, adding, &ldquo;Now the investors can go directly to the Department of Industry instead of coming to the central bank.&rdquo;</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mishra added that the investors do need to visit the central bank for the final auditing though.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Officials at NRB expressed their belief that the new bylaws would further facilitate FDI.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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include - APP/View/Articles/view.ctp, line 115
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]Code Context    //find the group of logged user

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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Nepal Rastra Bank has taken a policy-level decision to introduce the Foreign Investment and Foreign Loan Management Bylaws, 2077, which won&rsquo;t require its approval for FDI. The central bank has asked stakeholders for feedback regarding this new provision within a month.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Although the investors do not require to take permission from the central bank, they still need to take permission from other concerned government bodies. After getting the final approval, the investors need to inform the central bank in written about any foreign currency being flown in or out of the country.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Executive Director of the Foreign Exchange Department of NRB Bam Bahadur Mishra says that the central bank is taking a giant leap to facilitate foreign direct investment.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">&ldquo;We are trying to promote FDI and therefore we are making a new arrangement for the first time,&rdquo; said Mishra, adding, &ldquo;Now the investors can go directly to the Department of Industry instead of coming to the central bank.&rdquo;</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mishra added that the investors do need to visit the central bank for the final auditing though.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Officials at NRB expressed their belief that the new bylaws would further facilitate FDI.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Although the investors do not require to take permission from the central bank, they still need to take permission from other concerned government bodies. After getting the final approval, the investors need to inform the central bank in written about any foreign currency being flown in or out of the country.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Executive Director of the Foreign Exchange Department of NRB Bam Bahadur Mishra says that the central bank is taking a giant leap to facilitate foreign direct investment.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">&ldquo;We are trying to promote FDI and therefore we are making a new arrangement for the first time,&rdquo; said Mishra, adding, &ldquo;Now the investors can go directly to the Department of Industry instead of coming to the central bank.&rdquo;</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mishra added that the investors do need to visit the central bank for the final auditing though.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Officials at NRB expressed their belief that the new bylaws would further facilitate FDI.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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NEWS

FDI without Central Bank’s Approval on the Cards

Feb 10, 2021 2 min 12 sec to read

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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Nepal Rastra Bank has taken a policy-level decision to introduce the Foreign Investment and Foreign Loan Management Bylaws, 2077, which won&rsquo;t require its approval for FDI. The central bank has asked stakeholders for feedback regarding this new provision within a month.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Although the investors do not require to take permission from the central bank, they still need to take permission from other concerned government bodies. After getting the final approval, the investors need to inform the central bank in written about any foreign currency being flown in or out of the country.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Executive Director of the Foreign Exchange Department of NRB Bam Bahadur Mishra says that the central bank is taking a giant leap to facilitate foreign direct investment.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">&ldquo;We are trying to promote FDI and therefore we are making a new arrangement for the first time,&rdquo; said Mishra, adding, &ldquo;Now the investors can go directly to the Department of Industry instead of coming to the central bank.&rdquo;</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mishra added that the investors do need to visit the central bank for the final auditing though.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Officials at NRB expressed their belief that the new bylaws would further facilitate FDI.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Nepal Rastra Bank has taken a policy-level decision to introduce the Foreign Investment and Foreign Loan Management Bylaws, 2077, which won&rsquo;t require its approval for FDI. The central bank has asked stakeholders for feedback regarding this new provision within a month.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Although the investors do not require to take permission from the central bank, they still need to take permission from other concerned government bodies. After getting the final approval, the investors need to inform the central bank in written about any foreign currency being flown in or out of the country.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Executive Director of the Foreign Exchange Department of NRB Bam Bahadur Mishra says that the central bank is taking a giant leap to facilitate foreign direct investment.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">&ldquo;We are trying to promote FDI and therefore we are making a new arrangement for the first time,&rdquo; said Mishra, adding, &ldquo;Now the investors can go directly to the Department of Industry instead of coming to the central bank.&rdquo;</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mishra added that the investors do need to visit the central bank for the final auditing though.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Officials at NRB expressed their belief that the new bylaws would further facilitate FDI.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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February 10: Foreign Direct Investment (FDI) will no longer require approval from the Nepal Rastra Bank in the near future. Until now, it was mandatory for the investors to get approval from the central bank for any kind of FDI. The central bank is preparing to remove the hassles of paperwork by introducing new regulations soon.

Nepal Rastra Bank has taken a policy-level decision to introduce the Foreign Investment and Foreign Loan Management Bylaws, 2077, which won’t require its approval for FDI. The central bank has asked stakeholders for feedback regarding this new provision within a month.

Although the investors do not require to take permission from the central bank, they still need to take permission from other concerned government bodies. After getting the final approval, the investors need to inform the central bank in written about any foreign currency being flown in or out of the country.

Executive Director of the Foreign Exchange Department of NRB Bam Bahadur Mishra says that the central bank is taking a giant leap to facilitate foreign direct investment.

“We are trying to promote FDI and therefore we are making a new arrangement for the first time,” said Mishra, adding, “Now the investors can go directly to the Department of Industry instead of coming to the central bank.”

Mishra added that the investors do need to visit the central bank for the final auditing though.

Officials at NRB expressed their belief that the new bylaws would further facilitate FDI.

Complaint Filed at CIAA Against Kulman Ghising

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No Laughing Matter

The Sweet Rewards of Power

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NEPSE

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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Nepal Rastra Bank has taken a policy-level decision to introduce the Foreign Investment and Foreign Loan Management Bylaws, 2077, which won&rsquo;t require its approval for FDI. The central bank has asked stakeholders for feedback regarding this new provision within a month.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Although the investors do not require to take permission from the central bank, they still need to take permission from other concerned government bodies. After getting the final approval, the investors need to inform the central bank in written about any foreign currency being flown in or out of the country.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Executive Director of the Foreign Exchange Department of NRB Bam Bahadur Mishra says that the central bank is taking a giant leap to facilitate foreign direct investment.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">&ldquo;We are trying to promote FDI and therefore we are making a new arrangement for the first time,&rdquo; said Mishra, adding, &ldquo;Now the investors can go directly to the Department of Industry instead of coming to the central bank.&rdquo;</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mishra added that the investors do need to visit the central bank for the final auditing though.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Officials at NRB expressed their belief that the new bylaws would further facilitate FDI.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Nepal Rastra Bank has taken a policy-level decision to introduce the Foreign Investment and Foreign Loan Management Bylaws, 2077, which won&rsquo;t require its approval for FDI. The central bank has asked stakeholders for feedback regarding this new provision within a month.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Although the investors do not require to take permission from the central bank, they still need to take permission from other concerned government bodies. After getting the final approval, the investors need to inform the central bank in written about any foreign currency being flown in or out of the country.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Executive Director of the Foreign Exchange Department of NRB Bam Bahadur Mishra says that the central bank is taking a giant leap to facilitate foreign direct investment.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">&ldquo;We are trying to promote FDI and therefore we are making a new arrangement for the first time,&rdquo; said Mishra, adding, &ldquo;Now the investors can go directly to the Department of Industry instead of coming to the central bank.&rdquo;</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mishra added that the investors do need to visit the central bank for the final auditing though.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Officials at NRB expressed their belief that the new bylaws would further facilitate FDI.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Nepal Rastra Bank has taken a policy-level decision to introduce the Foreign Investment and Foreign Loan Management Bylaws, 2077, which won&rsquo;t require its approval for FDI. The central bank has asked stakeholders for feedback regarding this new provision within a month.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Although the investors do not require to take permission from the central bank, they still need to take permission from other concerned government bodies. After getting the final approval, the investors need to inform the central bank in written about any foreign currency being flown in or out of the country.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Executive Director of the Foreign Exchange Department of NRB Bam Bahadur Mishra says that the central bank is taking a giant leap to facilitate foreign direct investment.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">&ldquo;We are trying to promote FDI and therefore we are making a new arrangement for the first time,&rdquo; said Mishra, adding, &ldquo;Now the investors can go directly to the Department of Industry instead of coming to the central bank.&rdquo;</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mishra added that the investors do need to visit the central bank for the final auditing though.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Officials at NRB expressed their belief that the new bylaws would further facilitate FDI.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Nepal Rastra Bank has taken a policy-level decision to introduce the Foreign Investment and Foreign Loan Management Bylaws, 2077, which won&rsquo;t require its approval for FDI. The central bank has asked stakeholders for feedback regarding this new provision within a month.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Although the investors do not require to take permission from the central bank, they still need to take permission from other concerned government bodies. After getting the final approval, the investors need to inform the central bank in written about any foreign currency being flown in or out of the country.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Executive Director of the Foreign Exchange Department of NRB Bam Bahadur Mishra says that the central bank is taking a giant leap to facilitate foreign direct investment.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">&ldquo;We are trying to promote FDI and therefore we are making a new arrangement for the first time,&rdquo; said Mishra, adding, &ldquo;Now the investors can go directly to the Department of Industry instead of coming to the central bank.&rdquo;</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mishra added that the investors do need to visit the central bank for the final auditing though.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Officials at NRB expressed their belief that the new bylaws would further facilitate FDI.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Executive Director of the Foreign Exchange Department of NRB Bam Bahadur Mishra says that the central bank is taking a giant leap to facilitate foreign direct investment.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">&ldquo;We are trying to promote FDI and therefore we are making a new arrangement for the first time,&rdquo; said Mishra, adding, &ldquo;Now the investors can go directly to the Department of Industry instead of coming to the central bank.&rdquo;</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mishra added that the investors do need to visit the central bank for the final auditing though.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Officials at NRB expressed their belief that the new bylaws would further facilitate FDI.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Nepal Rastra Bank has taken a policy-level decision to introduce the Foreign Investment and Foreign Loan Management Bylaws, 2077, which won&rsquo;t require its approval for FDI. The central bank has asked stakeholders for feedback regarding this new provision within a month.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Although the investors do not require to take permission from the central bank, they still need to take permission from other concerned government bodies. After getting the final approval, the investors need to inform the central bank in written about any foreign currency being flown in or out of the country.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Executive Director of the Foreign Exchange Department of NRB Bam Bahadur Mishra says that the central bank is taking a giant leap to facilitate foreign direct investment.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">&ldquo;We are trying to promote FDI and therefore we are making a new arrangement for the first time,&rdquo; said Mishra, adding, &ldquo;Now the investors can go directly to the Department of Industry instead of coming to the central bank.&rdquo;</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mishra added that the investors do need to visit the central bank for the final auditing though.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Officials at NRB expressed their belief that the new bylaws would further facilitate FDI.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Nepal Rastra Bank has taken a policy-level decision to introduce the Foreign Investment and Foreign Loan Management Bylaws, 2077, which won&rsquo;t require its approval for FDI. The central bank has asked stakeholders for feedback regarding this new provision within a month.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Although the investors do not require to take permission from the central bank, they still need to take permission from other concerned government bodies. After getting the final approval, the investors need to inform the central bank in written about any foreign currency being flown in or out of the country.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Executive Director of the Foreign Exchange Department of NRB Bam Bahadur Mishra says that the central bank is taking a giant leap to facilitate foreign direct investment.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">&ldquo;We are trying to promote FDI and therefore we are making a new arrangement for the first time,&rdquo; said Mishra, adding, &ldquo;Now the investors can go directly to the Department of Industry instead of coming to the central bank.&rdquo;</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mishra added that the investors do need to visit the central bank for the final auditing though.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Officials at NRB expressed their belief that the new bylaws would further facilitate FDI.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Nepal Rastra Bank has taken a policy-level decision to introduce the Foreign Investment and Foreign Loan Management Bylaws, 2077, which won&rsquo;t require its approval for FDI. The central bank has asked stakeholders for feedback regarding this new provision within a month.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Although the investors do not require to take permission from the central bank, they still need to take permission from other concerned government bodies. After getting the final approval, the investors need to inform the central bank in written about any foreign currency being flown in or out of the country.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Executive Director of the Foreign Exchange Department of NRB Bam Bahadur Mishra says that the central bank is taking a giant leap to facilitate foreign direct investment.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">&ldquo;We are trying to promote FDI and therefore we are making a new arrangement for the first time,&rdquo; said Mishra, adding, &ldquo;Now the investors can go directly to the Department of Industry instead of coming to the central bank.&rdquo;</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mishra added that the investors do need to visit the central bank for the final auditing though.</span></span></span></span></p>

<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:12.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Officials at NRB expressed their belief that the new bylaws would further facilitate FDI.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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file not found!

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FOREX

Currency	Unit	Buy	Sell
U.S. Dollar	1	121.23	121.83
European Euro	1	131.65	132.31
UK Pound Sterling	1	142.47	143.18
Swiss Franc	1	124.29	124.90
Australian Dollar	1	71.69	72.05
Canadian Dollar	1	83.90	84.32
Japanese Yen	10	10.94	11.00
Chinese Yuan	1	17.17	17.26
Saudi Arabian Riyal	1	32.27	32.43
UAE Dirham	1	33.01	33.17
Malaysian Ringgit	1	27.36	27.50
South Korean Won	100	9.77	9.82

Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)

Bullion

Fine Gold	1 tola	77000.00
Tejabi Gold	1 tola	76700.00
Silver	1 tola	720.00

Update : 2020-03-25

Source: Federation of Nepal Gold and Silver Dealers' Association

Petroleum

Petrol	1 Liter	106.00
Diesel	1 Liter	95.00
Kerosene	1 Liter	95.00
LP Gas	1 Cylinder	1375.00

Update : 2020-03-25

FDI without Central Bank’s Approval on the Cards

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