The US Federal Reserve (Fed) has proposed a policy of raising average interest rates to control inflation, which has been high for four decades. Accordingly, after the policy meeting on May 3-4, the Fed raised the average interest rate by 0.5 percent. The Fed raised interest rates 0.5 percent at a time, the highest rate…
There has been some improvement in the financial sector. Looking at the financial situation of the last one week, both deposits and loans have improved. According to the Nepal Bankers Association (NBA) data from April 26 to April 30, both deposits and credit investments of commercial banks have increased. Deposits of commercial banks have increased…
Balefi Hydropower Limited has launched IPO for the public in the second phase from today. The company has issued an IPO worth Rs 182.79 million, which is 10 percent of the issued capital of Rs 1.82 billion. Accordingly, the company has issued a total of 18 lakh 27 thousand 970 IPO lots at 100 face…
According to the Federation of Nepali Gold and Silver Entrepreneurs, the price of gold has decreased by Rs 400 per ounce as compared to Tuesday. At the same time, the price of gold in circulation has dropped to Rs 98,800...
Gold prices fell in the Nepali market on Tuesday, the third trading day of the week. The price of gold in circulation on Tuesday stood at Rs 99,200. According to the Federation of Nepali Gold and Silver Entrepreneurs, the price...
vivo, the innovative global smartphone brand, recently launched the V23e in Nepal. This latest addition to the much renowned V series received a big mark of approval from its customers. The success stems from the fact that within two days,...
The foreign exchange rates announced by the Nepal Rastra Bank for Friday are as follows: The NRB has set a maximum buying rate of 120.98 paise per US dollar and a selling rate of 121.58 paise per US dollar. The...
Nepal Rastra Bank has set a maximum buying rate of Rs 122.02 per US dollar and a selling rate of Rs 122.08 per US dollar. The buying rate of the European Euro is 134.01 paise and the selling rate is...
The Nepalese rupee has historically weakened. The Nepali rupee has been weak so far as the US dollar has appreciated. The Indian currency is weakening due to the effects of the Russia-Ukraine war. When the Indian rupee weakens, the Nepali...
According to Nepal Rastra Bank, the buying rate of US dollar on Monday stood at 121.56 paise and the selling rate was 122.16 paise. The European euro today has a buying rate of 132.83 paise and a selling rate of...
