Kathmandu. Nepal Rastra Bank has warned that anyone who invests abroad in any sector while staying in Nepal will be punished.

The National Bank has issued a statement reminding that section 10 (a) of the Foreign Exchange Act 2019 prohibits investment abroad. The National Bank has also warned that anyone residing in Nepal should not and should not engage in payment related activities abroad in any way.

"If it is found that transactions of a capital nature, such as buying real estate for investment abroad, purchasing property or depositing deposits in foreign banks and financial institutions, are done in accordance with the rules set by this bank, action will be taken according to the law," the statement said.

Rastra Bank issuing 5.20 billion treasury bills

Kathmandu. Nepal Rastra Bank is going to sell treasury bills worth more than 5 billion rupees on Monday. The bank is about to issue a treasury bill of 5 billion 20 million rupees for a period of 91 days.

According to Rashtra Bank, the 92-day treasury will mature on 5 Baisakh 2080. Earlier, the bank had issued a total of 16 billion rupees treasury bills of 28 days duration, 8 billion rupees for 91 days and 6 billion rupees for 182 days.