Nepal Rastra Bank – Establishment and Headquarters
- Title
- Nepal Rastra Bank – Establishment and Headquarters
- Details
Nepal Rastra Bank (NRB), the central bank of Nepal, was established on April 26, 1956 (Baisakh 14, 2013 BS) under the Nepal Rastra Bank Act, 1955. Its headquarters is located in Baluwatar, Kathmandu. NRB is the apex monetary authority responsible for formulating monetary policy, regulating banks and financial institutions (BFIs), and managing foreign exchange reserves. It also issues currency and acts as the banker and financial advisor to the Government of Nepal. Maha Prasad Adhikari is the 17th Governor of NRB, appointed on April 6, 2020.
- Category
- Monetary Policy
- Fiscal Year
- 2082
- Key Figure/Rate
- Established: April 26, 1956