Economy News
Forex Update: USD Stands Firm as Euro and Pound Take a Hit
According to the latest foreign exchange rates released by Nepal Rastra Bank (NRB) for Monday, the US Dollar has held its ground at a stable price, while both the European Euro and the UK Pound Sterling experienced a minor dip. Today, the buying and selling rates for 1 US Dollar remain unchanged at Rs. 153.25 and Rs. 153.85 respectively, carrying over Sunday's valuation. Conversely, the Euro and the Pound dropped by a few paisा compared to yesterday's closing prices.
4 months ago
Inflation's Next Wave: World Bank Warns of a Massive 2026 Price Shock
The World Bank's April 2026 Commodity Markets Outlook warns of a severe economic shock as ongoing conflict in the Middle East and maritime trade disruptions threaten to drive the global commodity price index up by 16%. The report projects a massive 24% surge in global energy costs—with Brent crude potentially hitting $115 per barrel—alongside a 31% spike in fertilizer prices. This compounding crisis is expected to spark acute global food insecurity and push inflation in developing countries to a four-year high.
4 months ago
Gold Hits Rs 294,800; Silver Falls to Rs 5,040
Gold prices surged by Rs 800 to reach a near-record Rs 294,800 per tola, while silver bucked the upward trend, dipping by Rs 20 to settle at Rs 5,040 per tola in the local Nepali market.
4 months ago
Forex Update: Central Bank Reveals Latest Exchange Rates with US Dollar Trading at Rs. 153.85
Nepal Rastra Bank (NRB) has published the official foreign exchange rates for May 17, 2026. Under the new guidelines, the US Dollar is locked at a buying price of Rs. 153.25 and a selling price of Rs. 153.85, while the British Pound scales past the Rs. 205 threshold.
4 months ago
Down by Rs. 4,500! Massive Single-Day Gold Crash Hits Nepal
Domestic precious metal benchmarks hit a steep low as fine gold slips to Rs. 294,000 and silver drops to Rs. 5,060 per tola.
4 months ago
No Payout: Vijaya Laghubitta (VLBS) Skips Dividend for FY 2081/82
Vijaya Laghubitta (VLBS) decides against distributing dividends to its shareholders for the Fiscal Year 2081/82.
4 months ago
Deadline Extended: More Time to Invest in Reliable Samriddhi Yojana 2!
Subscription deadline for Reliable Samriddhi Yojana 2 mutual fund has been extended until May 26 (Jestha 12).
4 months ago
Massive Rs 4,000 Drop: Gold Prices Sink Below the 3-Lakh Threshold
Massive drop today! Gold falls by Rs 4,000 to Rs 298,500; silver slides to Rs 5,390 per tola.
4 months ago
The Great Disclosure: Massive Global Asset Audit for Nepal’s Public Officials
A new commission has ordered all public officials since 2005 (2062 BS) to declare their global assets within 30 days or face legal action.
4 months ago
Gold and Silver Prices Surge Again Today!
Gold prices rose by NPR 300 to reach NPR 302,500, while silver climbed NPR 35 to NPR 5,745 today.
4 months ago
Esewa Money Transfer Marks 6 Years of Leadership in Digital Remittance
Esewa Money Transfer celebrates six years of providing digital-first remittance solutions, connecting Nepalis to over 200 countries through 60+ global partners.
5 months ago
Bullion Update: Gold Drops Rs 700 as Silver Hits New High of Rs 5,710
Gold prices drop by Rs 700 to Rs 302,200, while silver gains Rs 15 to reach Rs 5,710 per tola.
5 months ago