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Inflation fears as banks report large withdrawals ahead of local elections

Central bank expects currency in circulation to rise by Rs10-15 billion during the elections.Inflation fears as banks report large withdrawals ahead of local elections
Observers say elections are like festivals when huge amounts of cash flow into the market. Post Photo
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Prithvi Man Shrestha
Published at : May 11, 2022
Updated at : May 11, 2022 07:44
Kathmandu

Prithvi Man Shrestha

Prithvi Man Shrestha was a political reporter for The Kathmandu Post, covering the governance-related issues including corruption and irregularities in the government machinery. Before joining The Kathmandu Post in 2009, he worked at nepalnews.com and Rising Nepal primarily covering the issues of political and economic affairs for three years.


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