Economy News - Page 19
NRB Fixes Foreign Exchange Rates; US Dollar Selling Rate at Rs 151.76
Nepal Rastra Bank (NRB) has announced the official foreign exchange rates for Wednesday, determining the purchase and selling benchmarks for major global currencies. Under the latest updates, the US Dollar buying and selling rates stand at Rs 151.16 and Rs 151.76 respectively, while the Indian Rupee continues its peg with a fixed purchase rate of Rs 160 per 100 INR.
Gold and Silver Prices Decline in Nepalese Market
The domestic precious metals market in Nepal witnessed a downward trend on Wednesday, Asar 17, as both gold and silver prices registered losses. According to the Federation of Nepal Gold and Silver Dealers' Association, fine gold dropped by Rs 600 per tola, while silver prices decreased by Rs 15 per tola, continuing a recent streak of price declines.
Financial Disclosure Reveals President Trump Earned Over $1 Billion From Cryptocurrency Ventures
According to his mandatory 927-page financial disclosure for 2025, US President Donald Trump accumulated more than $1 billion in earnings from cryptocurrency dealings. Despite severe ethics criticisms regarding blatant conflicts of interest, the White House has heavily dismissed the claims, maintaining that the President's actions serve the American public and have successfully positioned the country as the global crypto capital.
NOC Slashes Fuel Prices; Petrol Drops by Rs 20, Cooking Gas Down by Rs 100
The state-owned Nepal Oil Corporation (NOC) has announced a significant reduction in the retail prices of major petroleum products and cooking gas. Driven by its automated pricing mechanism and declining procurement costs from India, the rate cuts bring widespread relief to consumers, with petrol prices slashed by Rs 20 per liter and cooking LPG reduced by Rs 100 per cylinder.
Nepal Rastra Bank Unveils Daily Reference Rates for Major Foreign Currencies
Nepal's central bank, Nepal Rastra Bank (NRB), has issued its official foreign exchange rate schedule for today, Monday. The benchmark update positions the selling price of the US Dollar at Rs. 151.34 and the European Euro at Rs. 172.29, serving as the foundational metrics for commercial banking counters nationwide.
Monday Market Watch: Gold Dips to Rs. 2,82,400 per Tola
Both gold and silver prices registered a decline in the Nepalese market on Monday, Ashar 15. Gold dropped by Rs. 1,400 per tola, while silver prices saw a minor decrease of Rs. 15 per tola compared to Sunday's trading rates.
Massive Surge in Bullion Market: Gold Shoots Up by Rs 4,700 in a Single Day
The domestic precious metals market witnessed a historic single-day spike on Sunday, with gold prices rising by Rs 4,700 per tola and silver increasing by Rs 145 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.
Gold Prices Rise While Silver Drops; Gold Fixed at रू 2,79,100 Per Tola
According to the Federation of Nepal Gold and Silver Dealers' Association, domestic gold prices climbed by रू 800 per tola today, whereas silver witnessed a decline of रू 55 per tola.
Nepal Rastra Bank Unveils Today's Foreign Exchange Rates; US Dollar Buying Rate Fixed at रू 150.74
Nepal Rastra Bank (NRB) has released the official foreign exchange rates for today, Friday, positioning the US Dollar selling rate at रू 151.34, while major European currencies like the Euro and UK Pound Sterling hover near the रू 172 and रू 199 marks respectively.
Daily Forex Update: Nepal Rastra Bank Fixes Today's Currency Exchange Rates
Nepal Rastra Bank has published today's official exchange rates, setting the US Dollar at Rs. 151.19 (buying) / Rs. 151.79 (selling) and Euro at Rs. 173.14 (buying) / Rs. 173.83 (selling).
Gold and Silver Prices Drop Sharply in the Nepalese Market
Both gold and silver saw a significant decline in Nepal on Tuesday (Asar 8), with gold dropping by Rs. 1,600 per tola and silver falling by Rs. 140 per tola.
Gold and Silver Prices See Significant Gains in the Nepali Market
Gold prices jumped by NPR 1,400 per tola on Monday, while silver recorded a growth of NPR 40 per tola, signaling a strong bullish trend in Nepal's domestic bullion market.