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Home Prime News

NRB Directs Casinos to Obtain Approval for Foreign Exchange Transactions

CEO Tab by CEO Tab
October 10, 2025
in Prime News
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Casino operator barred from leaving country for evading tax
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The Nepal Rastra Bank (NRB) has instructed casino operators to obtain official approval before conducting any foreign exchange transactions.

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In a notice issued on Friday, the central bank stated that casinos and similar institutions must acquire a license from NRB to engage in foreign currency dealings.

Referring to Section 4 of the Foreign Exchange Transaction License and Inspection Regulations, 2077, the NRB clarified that casinos must also seek approval to handle Indian currency transactions.

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