Economy

Gold has dropped Rs. 1,100 from its all-time high, and is currently trading at Rs. 105,800 per tola. 1
Gold | Silver | Forex

Gold has dropped Rs. 1,100 from its all-time high, and is currently trading at Rs. 105,800 per tola.

Today’s gold price has dropped by Rs. 1,100 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at Rs. 105,800 per tola. Yesterday, the rate remained unchanged at Rs. 1,06,900 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 105,300. In contrast, the […]

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Is bitcoin banned in Nepal?
Cryptocurrency in Nepal Work at Home

Is bitcoin banned in Nepal?

Ban of Transaction of Bitcoin and other cryptocurrencies in Nepal. The central bank of Nepal, Nepal Rastra Bank (“NRB”) published a notice pursuant to Nepal Rastra Bank Act 2001 (“NRB Act”) and Foreign Exchange (Regulation) Act 1962 (“FERA”) prohibiting the usage of Bitcoin in Nepal. NRB has not recognized Bitcoins as a valid currency in Nepal. A few highlights on the ban: Laws of Nepal: The […]

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Is cryptocurrency legal in Nepal?
Cryptocurrency in Nepal Work at Home

Is cryptocurrency legal in Nepal?

So far, cryptocurrencies are illegal in a few countries, whereas the rest of the world either sees it as fitting to utilise these ‘monies’, or keeps them in a grey area of financial law. Similarly, though most countries in the world do not criminalise cryptocurrencies, they have yet to define their usage as monies or […]

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How Does The Stock Market Work? 9
Stock Exchange

How Does The Stock Market Work?

How does the stock market work? In a nutshell, the stock market is a market place for business people. Goods are sold to the public in a public market. However, in the stock market, the public is sold share. Shares are the form in which company stock is sold. When a person purchases more shares in […]

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Ex-pat Nepalese get Rs 400 incentive while sending money to NICA accounts via World Remit 11
Money Transfer to Nepal

Ex-pat Nepalese get Rs 400 incentive while sending money to NICA accounts via World Remit

Ex-pat Nepalese who send money to NIC ASIA Bank accounts in Nepal using World Remit would receive a bonus of Rs 400. The scheme will run from Aswin 11 to Kartik 10, 2078, with just the first transaction eligible for the bonus. The bank now has 356 branches, 472 ATMs, 70 extension counters, and 81 […]

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