KATHMANDU: Nepal Rastra Bank (NRB) has issued a regulation to charge Nepali currency for all air tickets issued from Nepal with effect from July 1.

After decades, airlines here will be accepting Nepali currency for airfares of both Nepali and foreign citizens getting their air tickets from Nepal. An excited Nepal Association of Tours and Travel Agents (NATTA) president Ram Kaji Koney said, "We happy to have achieved our target after a year of continuous endeavour to get NRs used for airfares." NATTA had recently received a circular in this regard. "All air tickets issued from Nepal will be displayed in NRs, this is a kind of honour to Nepali currency," said Koney. Earlier, except Nepal Airlines Corporation (NAC) all the foreign airlines used to charge airfares in dollars. "Efforts were on for the use of NRs in foreign airlines' fare. Travel agents were forced to bear huge losses due to the fluctuating value of the dollar," Koney said.

"NRB being the authorised body helped coordinate with Civil Aviation Authority of Nepal (CAAN), Nepal Oil Corporation (NOC), Nepal Airlines Corporation (NAC) and Board of Airlines Nepal (BARN)," said Koney.

Most of the travel related problems would be sorted out as the cargo and courier services, GSA, online, PSA and airlines -- will be solved.