Announcement
20 Dec 2021
Nepal has introduced a 100% cash margin requirement for opening letters of credit for the imports of certain goods.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
20 Dec 2021
Revocation date:
No revocation date
Announced: 20 Dec 2021
Trade payment measure
In force
On 20 December 2021, the Nepal Rastra Bank (NRB) imposed a 100% cash margin requirement for opening letters of credit (LC) for the imports of certain goods. The 100% requirement has been imposed on go...
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