Khatiwoda rules out cash crunch for next 3 yrs

  • Sunday, July 4, 2010
  • Posted by Madan Sapkota

Governor of Nepal Rastra Bank (NRB) Dr Yuvraj Khatiwoda has rubbished out cash crunch in the nation for the next three years citing sufficient stocks of currency notes.

While inaugurating a function organized in Damauli Saturday by Tanahu chapter Federation of Industry and Commerce (FIC), Dr Khatiwoda said the general public could not withdraw cash from banks last year due to delay in governor appointment.

Adding that there is no possiblity of currency shortage during festivals this year, Dr Yadav urged the people to deposit their money in the banks without hesitation.

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