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ECONOMY

Nepalis can now withdraw $2500 USD as per new monetary policy

KATHMANDU, July 22: Nepal Rastra Bank has announced a favorable change for Nepali citizens traveling abroad in the financial year 2023/24.
By Republica

KATHMANDU, July 22: Nepal Rastra Bank has announced a favorable change for Nepali citizens traveling abroad in the financial year 2023/24.


Under the new monetary policy, Nepalis going overseas will now have the option to withdraw up to 2500 US dollars.


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Previously, passport facilities were provided to Nepali citizens visiting countries other than India twice a year, with a limit of 1,500 US dollars.


However, the new monetary policy has raised this withdrawal limit to 2500 US dollars, providing travelers with increased access to foreign currency.


 

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