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How India’s Monetary Policy Shapes Nepal’s Economy: Nepal Needs Greater Monetary Flexibility
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How India’s Monetary Policy Shapes Nepal’s Economy: Nepal Needs Greater Monetary Flexibility
The days of “benign neglect” of our exchange rate policy are over. Nepal’s macroeconomic fundamentals — record reserves, stable remittance inflows, a gradually diversifying trade base — have quietly put in place the foundation for reform. What is missing is the political will to act on it.
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