Nepal, Oct. 10 -- Nepal Rastra Bank (NRB) has increased the daily gold import quota from 20 kilograms to 25 kilograms in response to rising market demand. Commercial banks, which previously imported 20 kilograms per day, will now be allowed to import 25 kilograms.
The decision comes amid a surge in gold prices and growing investor interest, driven by both domestic demand and global political and economic uncertainty. The rise in gold prices has led many investors to consider it a safer investment option, especially ahead of the festive season.
Published by HT Digital Content Services with permission from Republica....
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