Economy News
Gold and Silver Prices Document Minor Intra-Week Decline in the Nepali Market
Precious metals in Nepal recorded a marginal drop on Thursday, with gold dipping by NPR 100 per tola and silver sliding by NPR 35 per tola, offering a brief breather after recent market highs.
2 months ago
Nepal Secures Over Rs. 47 Billion in FDI Commitments in First 11 Months of FY 2082/83
Backed by 914 companies, total foreign investment pledges hit Rs. 47.61 Billion by the end of Jestha, with the agriculture sector leading the share.
2 months ago
Domestic Precious Metal Rates Recede as Mid-Week Trading Opens Lower
Precious metal prices take a hit as gold drops by Rs. 1,200 per tola and silver plunges to Rs. 4,080 on Wednesday.
2 months ago
Nepal Rastra Bank Unveils Daily Forex Rates; US Dollar and Major Currencies Hold Strong
Nepal Rastra Bank (NRB) has published the official foreign exchange rates for Tuesday. The central bank fixed the buying rate for the US Dollar at 𝓡𝓼. 151.24 and the selling rate at 𝓡𝓼. 151.84, while retail rates across commercial banks may vary based on market conditions.
2 months ago
Agriculture and Tourism Drive 73% of Nepal's Total Foreign Investments
The Department of Industry has approved ₹47.61 billion in foreign direct investment commitments across 914 ventures in 11 months, with the simplified Automatic Route rapidly capturing small-scale projects.
2 months ago
Bullion Alert: Gold Gains Rs. 300; Silver Drops to Rs. 4,990
Gold prices in the Nepalese market witnessed a minor increase on Tuesday, while silver prices took a downward turn. According to the Federation of Nepal Gold and Silver Dealers' Association, gold climbed by Rs. 300 per tola, whereas silver slipped by Rs. 25 per tola.
2 months ago
Precious Metals Skyrocket in Nepali Market: Gold Jumps by NPR 5,000 Per Tola, Silver Crosses NPR 5,000 Mark
The domestic bullion market witnessed an unprecedented surge on Monday as gold prices soared by a massive NPR 5,000 per tola to hit NPR 298,200. Concurrently, silver prices climbed by NPR 120 per tola, pushing the trading rate to a high of NPR 5,015.
2 months ago
Gold and Silver Rates Climb in Domestic Market; Fine Gold Rises to Rs 293,200 Per Tola
Domestic precious metal prices recorded moderate gains on Sunday, with fine gold increasing by Rs 1,200 per tola to settle at Rs 293,200, alongside upward movements in Tejabi gold and silver.
2 months ago
Nepal Rastra Bank Issues Fresh Exchange Rates; US Dollar Selling Rate Set at Rs 152.48
Nepal's central bank, Nepal Rastra Bank, has released today's official foreign exchange rates, fixing the US Dollar selling rate at Rs 152.48 alongside updated benchmarks for major global currencies.
2 months ago
Finance Minister Dr. Wagle Clarifies Revenue Reforms and Addressing Informal Economy
Following a 10-day deadlock triggered by Prime Minister Balendra Shah's controversial remarks, parliamentary discussions on the new budget have ignited intense verbal warfare between the ruling coalition and the opposition.
2 months ago
Forex Update: Nepal Rastra Bank Unveils Today's Foreign Exchange Rates; US Dollar and Euro Hold Strong
Nepal Rastra Bank (NRB) has released the official foreign exchange rates for Friday, setting the US Dollar selling rate at Rs 153.52 and the European Euro at Rs 177.12, while noting that commercial bank rates may slightly vary.
2 months ago
Non-Compliance Crackdown: Problematic Cooperatives Management Committee Exposes 132 Defaulters
The Office of the Problematic Cooperatives Management Committee has publicly blacklisted 132 loan defaulters from Hamro Naya Krishi and Krishi Bikash Multipurpose Cooperatives, issuing a strict ultimatum for immediate repayment.
2 months ago