Swap transaction regulations implemented by the central bank, what are the regulations?

Kathmandu – Nepal Rastra Bank has implemented the Swap Transactions Regulations, 2081. The Central Bank has promulgated this Regulation in exercise of the powers conferred by Section 12 of the Foreign Regulation (Regulation) Act, 2019. The Central Bank has now instructed banks and financial institutions (counterparties) to conduct swap transactions with the National Bank in…