Central Bank of Nepal

The Nepal Rastra Bank is the central bank of Nepal and the cornerstone of the country’s monetary system. Charged with issuing the Nepalese rupee, managing foreign exchange reserves, and formulating monetary policy, it plays a vital role in maintaining price stability, regulating the banking sector, and fostering sustainable economic development. Over its decades‑long evolution, the institution has adapted to a rapidly changing economic landscape by modernizing its operational framework and embracing digital innovation. The bank is committed to improving transparency and accountability; it regularly publishes economic reports, policy statements, and performance reviews that help guide market participants and build public trust. In recent years, the Nepal Rastra Bank has undertaken digital transformation initiatives, such as implementing advanced payment platforms and reinforcing cybersecurity measures, to enhance the efficiency and security of financial transactions. It also supervises the financial sector by establishing regulatory protocols and best practices designed to mitigate systemic risks and support the stability of financial institutions. Collaborative partnerships with international organizations have further helped the bank align its practices with global standards while addressing domestic challenges. In addition, initiatives aimed at extending financial inclusion have improved access to formal banking services in rural and underserved communities throughout Nepal. By effectively balancing traditional monetary policy tools with innovative digital reforms, the Nepal Rastra Bank continues to serve as a linchpin in Nepal’s economic landscape, ensuring long‑term stability and fostering a resilient, inclusive financial environment.