The Nepal Stock Exchange (NEPSE) bounced back into green territory on Monday, climbing 1% to close at 2,786.35 points backed by a robust turnover of Rs 5.98 Arba.
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.
A major sell-off hit the energy sector this Monday, sending crude prices down nearly 6% after President Donald Trump teased progress on peace talks with Iran.
Prime Minister Balendra Shah (Balen) has called a Cabinet meeting for Monday afternoon, with high expectations that a new Chairperson for the Securities Board of Nepal (SEBON) will be officially appointed from the final shortlist of four candidates.
The upcoming budget may bring significant relief for civil servants, with the government considering a large-scale salary and allowance revision.
Swabhimaan Laghubitta retracts its earlier decision to distribute 9.5% bonus shares and 0.5% cash dividend this year.
Central bank mandates dedicated counters, accessible apps, tactile cards, and Braille-equipped ATMs for people with disabilities across Nepal.
Today, gold jumped by NPR 1,900 to NPR 292,800, while silver gained NPR 140 to hit NPR 5,150 per tola.
The Trump administration has announced a major immigration overhaul, ending the ability for temporary visa holders to apply for green cards from within the U.S. and forcing them to return to their home countries to process permanent residency.
President Trump announced that a landmark peace deal with Iran is "largely negotiated," which includes plans to reopen the strategic Strait of Hormuz shipping route despite lingering caution from Tehran.
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.
Over 500 children have died in Bangladesh following a catastrophic measles outbreak fueled by immunization gaps from recent political unrest. Hospitals in Dhaka face a severe shortage of ICU beds as an emergency vaccination drive races to reach millions of vulnerable infants.