Forex reserves reach Rs 1816.57 billion The half-yearly review of the current fiscal year 2080-81 BS( 2-23-24), showed the Gross foreign exchange reserves stood at NPR 1816.57 billion and 13.69 billion in USD terms, with a 18-percent rise in the past six months. Business 06 Feb, 2024
Forex reserves up 18.5pc to $11.30 billion ​​​​​​​The ‘Current Macroeconomic and Financial Situation of Nepal’ report unveiled by the Nepal Rastra Bank today reveals improvement in foreign exchange reserves in the first 11 months of fiscal year 2022-23 (mid-July, 2022 to mid-June, 2023) with a surge in remittance inflow. Business 11 Jul, 2023
Forex reserves up 12.1pc to $10.69 billion The ‘Current Macroeconomic and Financial Situation of Nepal’ report unveiled by the Nepal Rastra Bank (NRB) on Tuesday reveals improvement in foreign exchange reserves in the first eight months of fiscal year 2022-23 (mid-July, 2022 to mid-March, 2023) with a surge in remittance inflow. Business 12 Apr, 2023
Forex reserves increase 10.2pc to $10.50 billion Forex reserves increase 10.2pc to $10.50 billion Business 13 Mar, 2023
EDITORIAL: Signs of recovery Given the critical foreign exchange reserves of the country last year, the rise in remittance inflow in the first six months of 2022-23 should give the Prachanda-led government some relief. Opinion 08 Feb, 2023
Nepse index rises for third consecutive week The Nepal Stock Exchange (Nepse) index inched up by 5.46 points or 0.25 per cent, clocking the third consecutive week-on-week gain in the trading week between January 8 and 12. Business 15 Jan, 2023
'Stock market yet to see a bullish trend' Share investors are hopeful for further growth of the stock market following the reappointment of Bishnu Paudel to the post of finance minister, the introduction of progressive policies related to the market, and some improvement in the economic situation of the country. Business 11 Jan, 2023
Some positive economic indicators: NRB report The macroeconomic report of the first four months of the current fiscal unveiled by Nepal Rastra Bank (NRB) today revealed some positive indicators due to import restrictions on certain non-essential goods. Business 16 Dec, 2022
Forex reserves increase by $130m in one month Significant improvement in remittance inflow coupled with import restrictions on certain non-essential goods seem to have propped up the country’s foreign exchange reserves, which rose by $130 million in the one-month period between mid-September and mid-October, as per the latest macroeconomic update unveiled by the Nepal Rastra Bank (NRB) today. Business 17 Nov, 2022
Supply issues counter increasing demand for precious yellow metal Domestic gold traders are anticipating a good demand for the precious yellow metal in the upcoming wedding season after witnessing some improvement in the market during the festivals Business 07 Nov, 2022
High rates exacerbate woes for industries The high interest rate on borrowing has hit the country’s industries while also affected the overall economic activities. Business 02 Nov, 2022
Traders hopeful for resumption of restricted imports With the government’s ban on the import of automobiles, mobile phones, liquor, and motorcycles set to expire on October 14, traders have their fingers crossed that the restrictions will not be extended again. Business 14 Oct, 2022