Day: May 19, 2024
NEPSE Index Surges 2.26%: Highest Turnover in Over 3 Months
The Nepal Stock Exchange (NEPSE) Index experienced a notable increase today, climbing 2.26% or 45.69 points, to close at 2,064.45 points. This surge follows a modest gain of 0.79 points in the previous session. The market opened strong, with an initial gain of 26.04 points, marking a 1.29% rise during the pre-open session. The trading […]
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Gold and Silver Prices Hit Record High in Nepal
The gold and silver market in Nepal has reached unprecedented heights, hitting a historic peak on May 19, 2024. The Federation of Nepal Gold and Silver Traders’ Association reported a significant surge in gold prices. Fine gold prices soared by Rs. 1,600 to an extraordinary Rs. 1,40,900 per tola, up from Rs. 1,39,300. Similarly, the […]
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Mahalaxmi Bikas Bank Pioneers International Payments with NCHL
Mahalaxmi Bikas Bank Limited (MLBL) has made history by signing a memorandum of understanding with Nepal Clearing House (NCHL), marking a first among development banks to facilitate international payments between Nepal and India. This groundbreaking agreement enables direct fund transfers between Indian citizens in Nepal and their accounts in India, as well as Nepalese citizens […]
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