Money

Nepal’s central bank cuts rate as recession bites

The move, however, raises fears of higher inflation, which already has breached the central bank’s target. Nepal’s central bank cuts rate as recession bites
A bank rate is the interest rate at which a nation's central bank lends money to domestic banks, often in the form of very short-term loans. POST FILE PHOTO
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Krishana Prasain
Published at : May 12, 2023
Updated at : May 12, 2023 20:12
Kathmandu

Krishana Prasain

Krishana Prasain is a business reporter for The Kathmandu Post covering markets. Before joining The Kathmandu Post in 2018, she spent 3 years in New Business Age magazine covering business.


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