Nepal’s trade dynamics in the initial nine months of fiscal year 2080/81 reveal alarming patterns, raising concerns about the nation’s economic outlook. The trade deficit, representing the variance between imports and exports, has expanded by approximately 2.75 percent during this period, indicating a growing disparity between import costs and export values, posing significant challenges to Nepal’s economic stability. Imports Imports in the first nine months of the fiscal year witnessed a noticeable decline of around 2.84 percent, totaling approximately Rs. 11.67 Kharba. In comparison, the corresponding period in the previous year saw imports amounting to goods worth Rs. 12.01 Kharba. […]
Tag: Nepal039s
Gold Prices Soar to Record Highs in Nepal on March 5, 2024
The gold market in Nepal saw an extraordinary surge, reaching an unprecedented all-time high on March 5, 2024. According to the Federation of Nepal Gold…
Nepal’s Cement and Clinker Exports Surge: Rs. 2.6 Arba in Seven Months; Magh Records Rs. 29 Crores
The Department of Customs has reported a significant increase in cement and clinker exports from Nepal to India, totaling Rs. 2.6 Arba during the first…
Nepal’s 7-Month Trade Snapshot: Imports Dip 2.31%, Trade Deficit Narrows 1.77%, Exports Down 7.07%
In the initial seven months of the current fiscal year, spanning from Shrawan to Magh in the Nepali calendar, Nepal’s imports reached Rs. 8.97 Kharba,…
Nepal’s gold market experiences unprecedented highs in a remarkable surge.
The Nepalese gold market witnessed an extraordinary surge, reaching an all-time high on December 28, 2023. The Federation of Nepal Gold and Silver Dealers’ Association…
“Nepal’s Economic Triumph: Robust Balance of Payments Surplus Signals Financial Stability”
In a positive economic development, a report from the Nepal Rastra Bank reveals that Nepal’s balance of payments (BOP) has maintained a surplus of Rs.147.11…
Nepalese Gold Market Hits Record High: Fine Gold Peaks at Rs. 1,21,600 per Tola
The Nepalese gold market experienced an extraordinary surge, reaching an unprecedented peak on December 4, 2023. The Federation of Nepal Gold and Silver Dealers’ Association…
“Nepal’s 2022/23 Macroeconomic and Financial Report Released by Central Bank”
Nepal Rastra Bank has reported that inflation was around 7.74 percent year-on-year. The country’s foreign exchange reserves were at USD 11.74 billion. However, both…
“Nepal’s Gold Prices Drop: Market Update”
The Federation of Nepal Gold and Silver Dealers’ Association has announced a decline of Rs 700 per tola in the local gold price. This…
“CBFIN Urges Risk Weightage Reduction and Policy Changes in Nepal’s Financial Sector”
In banking and finance, risk weightage is a percentage assigned to assets or loans based on how risky they are. This percentage determines how much…
“Nepal’s Market Hit by Decline in Mobile Phone Imports.”
According to the Customs Department’s international trade statistics, Nepal experienced a significant decline in the number of mobile phones entering the country. In the…
Decrease in Interbank Interest Rate Indicates Heightened Liquidity in Nepal’s Banking System
The banking sector in Nepal has recently witnessed a decrease in the interbank interest rate, indicating an increase in liquidity within the system. According to…