Economy News
NOC Slashes Fuel Prices; Petrol Drops by Rs 20, Cooking Gas Down by Rs 100
The state-owned Nepal Oil Corporation (NOC) has announced a significant reduction in the retail prices of major petroleum products and cooking gas. Driven by its automated pricing mechanism and declining procurement costs from India, the rate cuts bring widespread relief to consumers, with petrol prices slashed by Rs 20 per liter and cooking LPG reduced by Rs 100 per cylinder.
2 months ago
Nepal Rastra Bank Unveils Daily Reference Rates for Major Foreign Currencies
Nepal's central bank, Nepal Rastra Bank (NRB), has issued its official foreign exchange rate schedule for today, Monday. The benchmark update positions the selling price of the US Dollar at Rs. 151.34 and the European Euro at Rs. 172.29, serving as the foundational metrics for commercial banking counters nationwide.
2 months ago
Monday Market Watch: Gold Dips to Rs. 2,82,400 per Tola
Both gold and silver prices registered a decline in the Nepalese market on Monday, Ashar 15. Gold dropped by Rs. 1,400 per tola, while silver prices saw a minor decrease of Rs. 15 per tola compared to Sunday's trading rates.
2 months ago
Massive Surge in Bullion Market: Gold Shoots Up by Rs 4,700 in a Single Day
The domestic precious metals market witnessed a historic single-day spike on Sunday, with gold prices rising by Rs 4,700 per tola and silver increasing by Rs 145 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.
2 months ago
Gold Prices Rise While Silver Drops; Gold Fixed at रू 2,79,100 Per Tola
According to the Federation of Nepal Gold and Silver Dealers' Association, domestic gold prices climbed by रू 800 per tola today, whereas silver witnessed a decline of रू 55 per tola.
2 months ago
Nepal Rastra Bank Unveils Today's Foreign Exchange Rates; US Dollar Buying Rate Fixed at रू 150.74
Nepal Rastra Bank (NRB) has released the official foreign exchange rates for today, Friday, positioning the US Dollar selling rate at रू 151.34, while major European currencies like the Euro and UK Pound Sterling hover near the रू 172 and रू 199 marks respectively.
2 months ago
Daily Forex Update: Nepal Rastra Bank Fixes Today's Currency Exchange Rates
Nepal Rastra Bank has published today's official exchange rates, setting the US Dollar at Rs. 151.19 (buying) / Rs. 151.79 (selling) and Euro at Rs. 173.14 (buying) / Rs. 173.83 (selling).
2 months ago
Gold and Silver Prices Drop Sharply in the Nepalese Market
Both gold and silver saw a significant decline in Nepal on Tuesday (Asar 8), with gold dropping by Rs. 1,600 per tola and silver falling by Rs. 140 per tola.
2 months ago
Gold and Silver Prices See Significant Gains in the Nepali Market
Gold prices jumped by NPR 1,400 per tola on Monday, while silver recorded a growth of NPR 40 per tola, signaling a strong bullish trend in Nepal's domestic bullion market.
2 months ago
Currency Watch: Nepal Rastra Bank Fixes Today's Exchange Rates as US Dollar Ticks to NPR 151.22
Nepal Rastra Bank has unveiled Sunday's official foreign exchange rates, positioning the US Dollar selling rate at NPR 151.22, the Euro at NPR 173.34, and the UK Pound Sterling at NPR 200.13.
2 months ago
Precious Metals Sparkle: Gold and Silver Prices Advance in Nepalese Market
Gold surged by NPR 600 per tola to reach NPR 2,87,300, while silver climbed by NPR 50 to trade at NPR 4,690 at the start of the week's trading session.
2 months ago
Gold and Silver Prices Plmet in Nepalese Market with Historic Drop
Gold prices plunged by a massive Rs. 10,500 per tola, while silver dropped by Rs. 305 per tola on Friday, Ashar 5.
2 months ago