Economy News - Page 20
Precious Metals Sparkle: Gold and Silver Prices Advance in Nepalese Market
Gold surged by NPR 600 per tola to reach NPR 2,87,300, while silver climbed by NPR 50 to trade at NPR 4,690 at the start of the week's trading session.
Gold and Silver Prices Plmet in Nepalese Market with Historic Drop
Gold prices plunged by a massive Rs. 10,500 per tola, while silver dropped by Rs. 305 per tola on Friday, Ashar 5.
Nepal Rastra Bank Fixes Today's Forex Rates; US Dollar at NPR 150.95 Buying and NPR 151.55 Selling
Nepal Rastra Bank (NRB) has unveiled the official foreign exchange reference rates for Thursday. Under the latest reference schedule, the US Dollar is pegged at a buying rate of NPR 150.95, while major European currencies like the Euro and UK Pound Sterling maintain strong benchmarks at NPR 174.95 and NPR 202.36 (buying), respectively.
Gold and Silver Prices Document Minor Intra-Week Decline in the Nepali Market
Precious metals in Nepal recorded a marginal drop on Thursday, with gold dipping by NPR 100 per tola and silver sliding by NPR 35 per tola, offering a brief breather after recent market highs.
Nepal Secures Over Rs. 47 Billion in FDI Commitments in First 11 Months of FY 2082/83
Backed by 914 companies, total foreign investment pledges hit Rs. 47.61 Billion by the end of Jestha, with the agriculture sector leading the share.
Domestic Precious Metal Rates Recede as Mid-Week Trading Opens Lower
Precious metal prices take a hit as gold drops by Rs. 1,200 per tola and silver plunges to Rs. 4,080 on Wednesday.
Nepal Rastra Bank Unveils Daily Forex Rates; US Dollar and Major Currencies Hold Strong
Nepal Rastra Bank (NRB) has published the official foreign exchange rates for Tuesday. The central bank fixed the buying rate for the US Dollar at 𝓡𝓼. 151.24 and the selling rate at 𝓡𝓼. 151.84, while retail rates across commercial banks may vary based on market conditions.
Agriculture and Tourism Drive 73% of Nepal's Total Foreign Investments
The Department of Industry has approved ₹47.61 billion in foreign direct investment commitments across 914 ventures in 11 months, with the simplified Automatic Route rapidly capturing small-scale projects.
Bullion Alert: Gold Gains Rs. 300; Silver Drops to Rs. 4,990
Gold prices in the Nepalese market witnessed a minor increase on Tuesday, while silver prices took a downward turn. According to the Federation of Nepal Gold and Silver Dealers' Association, gold climbed by Rs. 300 per tola, whereas silver slipped by Rs. 25 per tola.
Precious Metals Skyrocket in Nepali Market: Gold Jumps by NPR 5,000 Per Tola, Silver Crosses NPR 5,000 Mark
The domestic bullion market witnessed an unprecedented surge on Monday as gold prices soared by a massive NPR 5,000 per tola to hit NPR 298,200. Concurrently, silver prices climbed by NPR 120 per tola, pushing the trading rate to a high of NPR 5,015.
Gold and Silver Rates Climb in Domestic Market; Fine Gold Rises to Rs 293,200 Per Tola
Domestic precious metal prices recorded moderate gains on Sunday, with fine gold increasing by Rs 1,200 per tola to settle at Rs 293,200, alongside upward movements in Tejabi gold and silver.
Nepal Rastra Bank Issues Fresh Exchange Rates; US Dollar Selling Rate Set at Rs 152.48
Nepal's central bank, Nepal Rastra Bank, has released today's official foreign exchange rates, fixing the US Dollar selling rate at Rs 152.48 alongside updated benchmarks for major global currencies.