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| ADVERTISEMENT |
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| INTERVIEWS |
 “ The norm should be capital adequacy, not paid-up capital” [ 2009-07-14 12:44:50 ]
Sashin Joshi, the CEO of NIC Bank Ltd. and the President of Nepal Bankers ’ Association (NBA), shares his views on the latest situation of Nepali banking industry. Excerpts from an interview: |
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| OPINIONS |
| Query: what is the maximum validity period of Temporary Account Number (TAN)? and for how many times can it be issued? |
| 2010-07-08 05:34:55 |
| Santosh: The maximum validity period has not been specified in the acts, however at the time of issue of TAN the income tax department specified the expire date of TAN in the TAN certificate itself. |
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| FOREX WATCH |
Open Market Exchange Rates
Mon, Aug 2, 2010
|
| Currency |
Unit |
Buying/Rs. |
Selling/Rs. |
| British £ |
1 |
115.76 |
116.7 |
| IC |
100 |
160 |
160.15 |
| Japanese ¥ |
10 |
8.55 |
8.62 |
| Australian $ |
1 |
66.65 |
67.19 |
| Canadian $ |
1 |
71.47 |
72.05 |
| Singapore $ |
1 |
54.29 |
54.73 |
| Euro (€) |
1 |
96.82 |
97.6 |
| Chinese Yuan |
1 |
10.92 |
11.01 |
| Swiss Franc |
1 |
71.08 |
71.66 |
| US $ |
1 |
73.95 |
74.55 |
| Saudi Arabian riyal |
1 |
19.72 |
19.88 |
| Qatari riyal |
1 |
20.32 |
20.48 |
| UAE Dirham |
1 |
20.13 |
20.29 |
| Malaysian ringgit |
1 |
23.25 |
23.44 |
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