Nepal Rastra Bank (NRB) has presented a comprehensive overview of Nepal’s current macroeconomic and financial status based on data from the first eight months ending…
Tag: Remittance
US Dollar Reaches Record High Against Nepali Rupee, Impacting Imports and State Loans
The US dollar has recently attained its highest value against the Nepali rupee, reaching a new record of Rs. 133.68 last Wednesday and continuing to…
“Nepal Rastra Bank’s Mid-September 2023 Financial Snapshot: Inflation, Forex Reserves, and Economic Indicators”
Nepal Rastra Bank, the central bank of Nepal, has released an overview of the current macroeconomic and financial situation in Nepal, based on data from…
Macro Economic Indicators of FY 2022/23: Remittance Inflows Rise by 22.7%, Inflation at 6.83%
As of mid-June 2023, there was a total outstanding concessional loan of Rs. 203.10 billion given to 147,510 borrowers. Out of this amount, Rs….
Remittance inflows increased by 25.3% to Rs. 794.32 billion in the first eight months of fiscal year 2022/23.
Nepal Rastra Bank (NRB), Nepal’s central bank, has released the country’s current macroeconomic and financial situation based on eight months of data ending in…
7-Month Macroeconomic Highlights: Inflation is 7.88%.
According to the Nepal Rastra Bank, inflation remained at 7.88 percent year on year. During the mentioned period, the gross foreign exchange reserves stood at…
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…