Yala Adventure News
Air tickets in Nepali currency
International airlines flying to and from Nepal will have to issue air tickets in Nepali currency as per the new provision introduced recently by the Nepal Rastra Bank. The new provision will come into effect from July 1.
As of today, airlines, except the national flag carrier Nepal Airlines Corporation, have been issuing air tickets only in dollars. Nepali travel agents and public were bearing huge loss because of the strengthening dollars and weakening Nepali currency.
According to sources at the central bank, the new provision could be introduced in close coordination with Civil Aviation Authority of Nepal, Nepal Oil Corporation, Nepal Airlines Corporation and Board of Airlines Representatives Nepal, the apex body of international airlines operating in the country.
The central bank recently issued a circular regarding the new change to Nepal Association of Tour and Travel Agents (NATTA). After the change comes into effect, the airlines will have to display fares in Nepali currency.