Economy News
Nepal Rastra Bank Updates Today's Forex Rates; US Dollar and Major Currencies Hold Steady
Nepal Rastra Bank (NRB) has released the official foreign exchange rates for Tuesday, fixing the US Dollar buying rate at Rs 152.08 and selling rate at Rs 152.68. The central bank noted that rates may fluctuate based on market conditions and commercial bank policies.
3 months ago
DDC Pumps Rs 160 Million to Dairy Farmers in Just 20 Days
DDC prioritized farmers' dues by cutting employee perks and internal costs, dispersing Rs 160 million within the last twenty days.
3 months ago
Bullion Update : Gold Drops by Rs 1,300, Silver Slips to Rs 5,060
Domestic gold prices fell to Rs 291,500 per tola, while silver slid to Rs 5,060 amid Tuesday's market correction.
3 months ago
Yuan Climbs to 3-Year High of 6.78 Against the Greenback
The Chinese Yuan strengthened to 6.78 per US Dollar, marking its strongest level since February 2023, driven by market optimism over a potential US-Iran deal and the reopening of the Strait of Hormuz.
3 months ago
Government Prepares Biggest Civil Service Pay Revision in Years, Top Bureaucrats May Get 50% Raise
The upcoming budget may bring significant relief for civil servants, with the government considering a large-scale salary and allowance revision.
3 months ago
Gold and Silver Prices Witness Massive Single-Day Surge!
Today, gold jumped by NPR 1,900 to NPR 292,800, while silver gained NPR 140 to hit NPR 5,150 per tola.
3 months ago
Gold Plunges by Rs. 2,800; Silver Drops to Rs. 5,010
Domestic bullion rates saw a significant correction on Sunday, with gold prices tumbling by Rs. 2,800 per tola to settle at Rs. 290,900, while silver tracking a parallel decline.
3 months ago
NEA Fails to Recover Rs 52 Billion in Total Arrears; Flagged for Unapproved Investments
The Office of the Auditor General’s 63rd annual report has exposed massive structural and financial loopholes within the Nepal Electricity Authority (NEA). Chief among the findings is a strict order to collect Rs 26.03 Billion from 59 premium industrial consumers, alongside revelations of Rs 56 Billion in unauthorized corporate investments and severe losses in equipment procurement.
3 months ago
NRB Fixes Forex Rates for Thursday: US Dollar Selling Rate at Rs. 155.22, Euro Crosses Rs. 180
Nepal Rastra Bank (NRB) has unveiled the official foreign exchange rates for Thursday, May 21, 2026. Under the latest determination, the US Dollar's selling rate stands at Rs. 155.22, while the European Euro peaks at Rs. 180.01 and the UK Pound Sterling reaches Rs. 207.94. The central bank notes that retail rates at commercial banks may vary based on market conditions.
3 months ago
National Statistics Office Projects FY 2025/26 GDP at Rs 66 Trillion Amid Regional Imbalances
Nepal’s economy is estimated to reach Rs 66 trillion, with Bagmati leading at 36.7% and Madhesh recording a low 1.31% growth.
3 months ago
Gold Rates Crash Upward! Massive Rs 1,800 Per Tola Surge Today
Today, gold jumped by Rs 1,800 to Rs 293,800, while silver rose Rs 90 to hit Rs 5,050.
3 months ago
Nepal Rastra Bank Unveils Foreign Currency Exchange Rates for Wednesday
The central bank of Nepal, Nepal Rastra Bank (NRB), has released its official foreign exchange updates for today, fixing the US Dollar selling rate at Rs 154.76 and the European Euro at Rs 179.82.
3 months ago