Nepal Rastra Bank is the central bank of Nepal . It is establishes under NRB Act 2012 in 2013 Baisakh 13. It is the apex financial institution of Nepal. The main functions of central bank is to maintain price stability , balance of payment and to maintain stability of the entire financial sector to support sustainable development of Nepal.Central Bank has only the right to issue notes and coins . It maintains foreign exchange reserve. It is also know as government bank and agent of the government but it is autonomous and corporate body .
