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    Economy News

    Nepal Moves to Grant Legal Status to Central Bank Digital Currency
    Featured Jul 5, 2026

    Nepal Moves to Grant Legal Status to Central Bank Digital Currency

    A proposed amendment to the Nepal Rastra Bank Act would recognize a central bank digital currency (CBDC) as legal tender, placing it on par with physical banknotes and coins while paving the way for digital banks and fintech firms under the central bank's direct oversight.

    Gold Price Jumps by Rs. 7,200 Per Tola, Nears Rs. 291,000

    Gold Price Jumps by Rs. 7,200 Per Tola, Nears Rs. 291,000

    Gold prices surged by Rs. 7,200 per tola on Friday, while silver also gained Rs. 165, continuing the upward trend in Nepal's bullion market.

    a month ago
    Nepal Tourism Booms: June 2026 Tourist Arrivals Surge by 19.5% to Smashes Pre-Pandemic Records

    Nepal Tourism Booms: June 2026 Tourist Arrivals Surge by 19.5% to Smashes Pre-Pandemic Records

    Nepal welcomed 91,363 foreign tourists by air in June 2026, marking a robust 19.5% year-on-year growth and comfortably outpacing pre-pandemic levels, with Indian and American travelers continuing to anchor the inbound market.

    a month ago
    Precious Metals Witness Unprecedented Rally; Gold Soars by Rs 6,200 per Tola

    Precious Metals Witness Unprecedented Rally; Gold Soars by Rs 6,200 per Tola

    Domestic gold and silver prices chart a steep upward trajectory following aggressive bullish trends in global markets.

    a month ago
    NRB Fixes Foreign Exchange Rates; US Dollar Selling Rate at Rs 151.76

    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.

    a month ago
    Gold and Silver Prices Decline in Nepalese Market

    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.

    a month ago
    Financial Disclosure Reveals President Trump Earned Over $1 Billion From Cryptocurrency Ventures

    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.

    a month ago
    NOC Slashes Fuel Prices; Petrol Drops by Rs 20, Cooking Gas Down by Rs 100

    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.

    a month ago
    Nepal Rastra Bank Unveils Daily Reference Rates for Major Foreign Currencies

    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.

    2 months ago
    Monday Market Watch: Gold Dips to Rs. 2,82,400 per Tola

    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.

    2 months ago
    Massive Surge in Bullion Market: Gold Shoots Up by Rs 4,700 in a Single Day

    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.

    2 months ago
    Gold Prices Rise While Silver Drops; Gold Fixed at रू 2,79,100 Per Tola

    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.

    2 months ago
    Nepal Rastra Bank Unveils Today's Foreign Exchange Rates; US Dollar Buying Rate Fixed at रू 150.74

    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.

    2 months ago
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