Chapter 2 Establishment, Objectives and Functions, Duties and Powers

Section 11: International Cooperation and Relationship

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1) The Bank shall represent Nepal in international organisations and associations on matters within the Bank’s jurisdiction, such as monetary policy, foreign exchange policy, balance of payments, bank supervision, and other related issues.

2) The Bank may provide banking and payment services to foreign governments, foreign central banks, foreign banks, and international organisations or associations, and obtain similar types of facilities from them.

3) The Bank shall participate in international organisations or associations that work towards financial and economic stability through international monetary cooperation.

4) The Bank, when participating in international organisations or associations as a representative of Nepal, shall assume the responsibility and undertake the functions to be carried out on behalf of the country.

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Section 11: International Cooperation and Relationship

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