Economy News - Page 18
Nepal Rastra Bank to Issue Rs 20 Billion Bond to Absorb Excess Liquidity
The central bank is issuing a one-year bond worth Rs 20 billion on Wednesday to manage excess liquidity in the banking system.
Gold, Silver Prices Extend Decline in Nepali Market
Gold fell by Rs 900 per tola and silver by Rs 55 per tola on Wednesday, continuing the downward trend in Nepal's bullion market.
NRB Raises Share-Backed and Personal Loan Limits in Monetary Policy Review
Nepal Rastra Bank has increased the ceilings for margin lending and personal overdraft loans while introducing new measures to strengthen banks' capital management.
NRB Eases Loan Rules for Farmers and SMEs in Fresh Monetary Policy Review
Nepal Rastra Bank has introduced new measures to simplify small business lending and align agricultural loan repayments with farmers' harvest cycles.
NRB Unveils 25th Monetary Policy, Targets 7% Growth While Keeping Inflation in Check
Nepal Rastra Bank has introduced its monetary policy for FY 2083/84, focusing on supporting economic growth, maintaining price stability, and strengthening financial sector resilience.
NRB Review Flags Weak Credit Demand Despite Strong Reserves and Low Inflation
Nepal Rastra Bank’s annual monetary policy review says inflation remained under control and foreign exchange reserves stayed strong, but sluggish domestic demand and weak private sector confidence continue to weigh on credit growth.
ADB Pledges $2.4 Billion Support as President Masato Kanda Meets PM Balen Shah
ADB President Masato Kanda has reaffirmed the bank’s commitment to Nepal, announcing an additional $2.4 billion in support through 2029 following a meeting with Prime Minister Balen Shah.
Nepal’s Economy Grows 3.51% in Third Quarter, Led by Power and Financial Sectors
Preliminary estimates show Nepal's GDP expanded 3.51% year-on-year in the third quarter of FY 2025/26, supported by strong growth in electricity, finance, and trade.
Nepal’s Economy Estimated to Grow 3.51% in Third Quarter of FY 2025/26
Improved electricity generation, financial services, and trade activities drive Nepal's economic growth, while agriculture and manufacturing remain subdued.
Gold, Silver Prices Edge Lower in Nepal
Gold prices fell by Rs 400 per tola, while silver declined by Rs 10 per tola in the domestic market on Sunday, according to the Federation of Nepal Gold and Silver Dealers' Association.
Nepal Moves to Grant Legal Status to Central Bank Digital Currency
A proposed amendment to the Nepal Rastra Bank Act would recognize a central bank digital currency (CBDC) as legal tender, placing it on par with physical banknotes and coins while paving the way for digital banks and fintech firms under the central bank's direct oversight.
Gold Price Jumps by Rs. 7,200 Per Tola, Nears Rs. 291,000
Gold prices surged by Rs. 7,200 per tola on Friday, while silver also gained Rs. 165, continuing the upward trend in Nepal's bullion market.