NRB Management Committee Meeting Today for Third Quarter Monetary Policy Review

Nepal Rastra Bank (NRB) has scheduled a management committee meeting today (Sunday) at 3 PM to discuss the third quarterly review of the monetary policy. The meeting will be chaired by the newly appointed Governor Dr. Bishwanath Paudel.

As per the NRB structure, the management committee is chaired by the Governor and includes both Deputy Governors and a senior executive director designated by the Governor as the member-secretary. Typically, the most senior executive director is entrusted with the committee responsibilities.

According to the Monetary Policy Formulation Procedure, the quarterly review must be conducted within 45 days of the end of each quarter. Today’s meeting is part of the process to finalize the upcoming review.

Governor Paudel has emphasized supervisory functions over regulatory functions since taking office. Therefore, this review is expected to send a positive signal to the market rather than introducing major policy changes.

Since this will be the first monetary policy review under the new Governor’s leadership, it is being closely watched. Observers believe it will offer important insights into the direction the Governor intends to take moving forward.