Kathmandu. Although there is some pressure on inflation due to external pressures, it is expected to ease from next month, according to the NRB. This was stated while unveiling the monetary policy for the fiscal year 2083/84 today.
According to the NRB, the overall price situation next year is likely to remain within the range projected by the bank as inflationary pressures are expected to ease gradually.
The monetary policy course will be reviewed and the existing interest rate corridor will be gradually narrowed as per the need if the pressure on inflation increases, the public and private sectors are unable to reap the expected benefits from a low-cost economy with adequate liquidity and challenges to macroeconomic stability.
The policy of not modifying the instruments of comprehensive prudential regulation of the Rastra Bank will be adopted except in the case of emergency. It is expected that this will maintain policy stability and manage the expectations of the market.
