Economy News - Page 9
Nepal Rastra Bank Sets Today’s Foreign Exchange Rates
Nepal Rastra Bank has published today’s foreign exchange rates, with the US dollar fixed at Rs. 150.88 for buying and Rs. 151.48 for selling.
Sarbottam and Jagdamba Cement Donate Rs. 11.11 Million for Flood Relief
Sarbottam Cement and Jagdamba Cement have jointly contributed Rs. 11.11 million to the Prime Minister’s Disaster Relief Fund to support victims of the devastating Bhote Koshi floods in Rasuwa.
Gold and Silver Prices Surge in Nepal
Gold prices jumped by Rs. 3,500 per tola while silver gained Rs. 100 per tola in the Nepali market on Tuesday.
Global IME Balanced Fund-1 Declares 12% Dividend
Global IME Capital has announced a 12% cash dividend for investors of Global IME Balanced Fund-1 for FY 2082/83, while Global IME Samunnat Yojana-2 will not distribute any dividend this year.
Gold Price Falls by Rs. 2,400 Per Tola as Silver Also Declines
Gold and silver prices continued their downward trend in Nepal on Monday, with gold dropping by Rs. 2,400 and silver by Rs. 35 per tola.
Gold & Silver Prices Fall in Nepal
Gold and silver prices declined in Nepal on Sunday, with gold falling by Rs. 3,100 per tola and silver by Rs. 40. The latest rates are also reflected in today’s market data.
Gold Alert: Why Are European Central Banks Moving Their Gold?
The Netherlands has moved 86 tonnes of gold from North America to London, citing geopolitical uncertainty and the need for stronger crisis preparedness.
Nepal’s Flood Relief Fund Sets New Record with Rs. 9.5 Billion in Support
Donations and new commitments to Nepal’s Prime Minister’s Disaster Relief Fund have reached approximately Rs. 9.5 billion, surpassing the voluntary relief collection recorded after the 2015 earthquake.
NVIDIA CEO Jensen Huang Donates $10 Million for Nepal Flood Relief
NVIDIA co-founder and CEO Jensen Huang has pledged $10 million, worth more than Rs. 1.5 billion, to support relief, rehabilitation and reconstruction in flood-hit Nepal.
Laxmi Sunrise Bank Donates Rs. 324 Million for Flood Relief
Laxmi Sunrise Bank has contributed Rs. 324 million to the Prime Minister’s Disaster Relief Fund to support flood victims and reconstruction efforts.
Garima Bikas Bank Proposes 20% Dividend for FY 2082/83
Garima Bikas Bank has proposed a total 20% dividend for shareholders, comprising 10% bonus shares and 10% cash dividend including tax.
Himalayan 80–20 Announces 15% Dividend
Himalayan 80–20 has announced a 15% dividend, including tax, for its unit holders for FY 2082/83.