Nepal Research
Website on Nepal and Himalayan Studies


Economy (currency, cash, money, payment, gold, silver, forex)
Time in Taksindu:
Home
Biography
Crisis
Culture
Development
Economy
Education
Health
History
Human Rights
Infrastructure
Law
Media
Miscellaneous
Nature
Politics
Society

Economy (general)
Agriculture
Banks
Budget
Business
Carpets
Currency
Economic politics
Employment
Handicraft
Mountaineering
Price index
Privatisation
Remittances
Shares
Social security
Tax
Tourism
Trade
Unions
Wages

Today’s foreign currency exchange rates (kh 19/03/2024)

Nepal permits digital payments for third country transactions : Policy introduced on Friday will allow foreign citizens in Nepal to make payments for local purchases through a QR code, by Krishana Prasain (kp 18/03/2024)

Today’s foreign currency exchange rates (kh 17/03/2024)

Today’s foreign currency exchange rates (kh 15/03/2024)

Regulatory gaps in Nepal’s fintech : There is a severe lack of dedicated fintech-related education in the country, by Nischal Dhungel and Umesh Rijal (kp 14/03/2024)

India launched Quick Response code two weeks ago. Nepal still discussing details : Starting March 1, Indians have been allowed to make payments for purchases through their mobile phone, but Nepal is still working on the daily transaction limit. The digital payment arrangement with China is also unidirectional, by Krishana Prasain (kp 13/03/2024)

Today’s foreign currency exchange rates (kh 13/03/2024)

Today’s foreign currency exchange rates (kh 12/03/2024)

Today’s foreign currency exchange rates (kh 11/03/2024)

Today’s foreign currency exchange rates (kh 10/03/2024)

Gold price hits historic high of Rs 126,000 per tola (rep 10/03/2024)

Today’s foreign currency exchange rates (kh 08/03/2024)

Price of gold hits new record, trading at Rs 125,000 per tola (rep 07/03/2024)

Today’s foreign currency exchange rates (kh 07/03/2024)

Today’s foreign currency exchange rates (kh 06/03/2024)

Gold shines to hit record high of Rs123,000 per tola : In the international market, the gold price is forecast to reach $2,175 per ounce by the end of this year (kp 06/03/2024)

Today’s foreign currency exchange rates (kh 03/03/2024)

Indian travellers can now scan and pay in Nepal : A reciprocal payment service for Nepalis visiting India has been delayed for unspecified reasons, by Sangam Prasain and Krishana Prasain (kp 01/03/2024)

Today’s foreign currency exchange rates (kh 01/03/2024)

Today’s foreign currency exchange rates (kh 28/02/2024)

Today’s foreign currency exchange rates (kh 27/02/2024)

oday’s foreign currency exchange rates (kh 26/02/2024)

Today’s foreign currency exchange rates (kh 25/02/2024)

Today’s foreign currency exchange rates (kh 23/02/2024)

Today’s foreign currency exchange rates (kh 22/02/2024)

Today’s foreign currency exchange rates (kh 21/02/2024)

Today’s foreign currency exchange rates (kh 20/02/2024)

‘Mobile phone is the biggest tool for financial inclusion’, interview with Brett King, an Australian futurist, by Krishana Prasain (kp 16/02/2024)

Nepal and India expedite preparation to start cross-border digital payment system (rep 16/02/2024)

Today’s foreign currency exchange rates (kh 16/02/2024)

Today’s foreign currency exchange rates (kh 15/02/2024)

Today’s foreign currency exchange rates (kh 14/02/2024)

Today’s foreign currency exchange rates (kh 12/02/2024)

Today’s foreign currency exchange rates (kh11/02/2024)

Today’s foreign currency exchange rates (kh 10/02/2024)

Today’s foreign currency exchange rates (kh 09/02/2024)

Today’s foreign currency exchange rates (kh 08/02/2024)

NCHL selects ACI Worldwide to pioneer payment cards : The national card switch and NEPALPAY are expected to be rolled out in the last quarter of 2024 (kp 08/02/2024)

Half-yearly economic review: Forex reserves reaches 1816.57 billion (kh 06/02/2024)

Today’s foreign currency exchange rates (kh 06/02/2024)

Today’s foreign currency exchange rates (kh 25/01/2024)

Today’s foreign currency exchange rates (kh 24/01/2024)

Today’s foreign currency exchange rates (kh 23/01/2024)

Today’s foreign currency exchange rates (kh 21/01/2024)

Today’s foreign currency exchange rates (kh 19/01/2024)

Today’s foreign currency exchange rates (kh 18/01/2024)

Today’s foreign currency exchange rates (kh 17/01/2024)

Foreign currency exchange rates for today (kh 14/01/2024)

Capital outflow worth Rs 47.35 billion for foreign studies in five months of current FY (rep 12/01/2024)

Gold price drops by Rs 700 per tola today (kh 08/01/2024)

Nepal imports 1,200 kg of gold valued at Rs 9.970 billion in the initial five months of the current fiscal year (kh 24/12/2023)

Indian company awarded contract fails to deliver Rs 1000 banknotes with Nepal raising concerns over quality, by Ruby Rauniyar (rep 22/12/2023)

Financial transactions, including payments, via QR codes on the rise in Nepal (rep 15/12/2023)

Gold price declines by Rs 5,600 per tola in 9 days (rep 13/12/2023)

Record-breaking gold prices hit Nepali market (kh 03/12/2023), Gold price exceeds Rs 121,000 per tola (rep 04/12/2023)

Nepali financial system may face further stress, IMF says : The international financial institution warns failure to address deficiencies flagged by the FATF may deteriorate bank balance sheets further (kp 02/12/2023)

US Dollar hits record high against Nepali Rupee (rep 01/12/2023)

Gold price hits record high (kh 28/11/2023), Gold hits new high of Rs117,400 per tola : The price depends on international factors. Apart from international prices, which are denominated in dollars, import duties and other taxes also play a role in determining gold rates in Nepal (kp 28/11/2023)

Price of US dollar continues to rise, hitting record high at Rs 133.70 (rep 26/11/2023)

US Dollar surges to new height against Nepali Rupee (rep 22/11/2023)

Nepali rupee slides to a record low against USD; $1=Rs 133.57 (rep 03/11/2023)

Gold price increases by Rs 1,000 per tola, taking the price to all-time high (rep 28/10/2023)

Gold price sets new record today : Fine gold traded at Rs 115,500 per tola; standard gold at Rs 114,950 per tola (kh 20/10/2023)

Rising US Dollar value drives up cost of imported goods (rep 19/10/2023)

Gold price soars to record high (rep 19/10/2023)

NRB starts distributing new notes for Dashain (rep 13/10/2023), New banknotes can be exchanged till Friday (rep 16/10/2023)

Rupee slide raises debt repayment costs : If Nepal settles all of its foreign loans now, it will incur a loss of nearly Rs60 billion, by Prithvi Man Shrestha (kp 10/10/2023)

NRB set to distribute new currency notes for Dashain festival (rep 26/09/2023)

A strong dollar’s implications for Nepal : The first impact is on the price of petroleum products, which sets off a chain reaction, by Krishana Prasain (kp 24/09/2023)

Govt approves NRB to mint 150 million coins each with denomination of Rs 5 (rep 09/08/2023)

Forex reserves up 18.5pc to $11.30 billion : Remittance inflows surge by 22.7pc to Rs 1,112.52bn in 11 months of fiscal year 2022-23 (ht 11/07/2023)

Nepal has a cash circulation of Rs 608.51 billion (rep 29/06/2023)

NRB guv vows to tackle cryptocurrency issues (ht 29/06/2023)

Chinese tourists can now use mobile pay in Nepal : WeChat Pay, one of the dominant digital payment platforms in mainland China, enters the Himalayan republic, by Krishana Prasain (kp 27/06/2023)

Foreign exchange reserves adequate to support commodity imports for over 11 months (rep 10/06/2023)

De-dollarisation: Can the dollar survive it?, by Santosh Kalwar (rn 09/06/2023)

Nepal, India sign pact for cross-border digital payment : The financial connectivity between the countries through cross-border digital payment would benefit thousands of students, hundreds of thousands of tourists, pilgrims and people leaving for medical treatment in India, Indian Prime Minister Narendra Modi said, by Krishana Prasain (kp 02/06/2023)

Gold price reaches record high (rep 01/06/2023)

Rise and rise of digital payment in Nepal : The current momentum could help build a complete digital ecosystem required for sustainable economy, by Ram Neupane (kp 30/05/2023)

Foreign currency earnings from tourists increased by 190 percent in the past one year (rep 29/05/2023)

NRB sets up separate division for exploring digital currency (ae 22/05/2023)

NRB revises ceiling for exchange of US Dollar (kh 30/04/2023)

Madhes districts developing into hubs for fake currency (ht 28/04/2023)

Gold price down by Rs 800 today (kh 16/04/2023)

Country has foreign exchange reserves of Rs 1401.21 billion: NRB (kh 12/04/2023), Nepal’s forex reserves bounce back to a two years’ high level as of mid-March (rep 12/04/2023), Continued improvement in external sector raises optimism for economic recovery (ae 12/04/2023)

Gold price down by Rs 700 per tola today (kh 10/04/2023)

Indian tourists in Nepal to be allowed to use Indian e-wallets : An agreement is expected to be signed during Prime Minister Dahal’s planned visit to India, by Krishana Prasain (kp 09/04/2023)

Gold price down by Rs 800 (kh 06/04/2023)

Gold price sets new record : Fine gold traded at Rs 111,000 per tola; standard gold at Rs 110,500 per tola (kh 05/04/2023)

NRB unveils Cryptocurrency Risk Assessment Report (rep 04/04/2023)

Why gold price is setting new records : Gold cost has more room to rise and could hit Rs120,000 a tola in Nepal, observers say, by Krishana Prasain (kp 26/03/2023)

Over one million counterfeit notes confiscated in three months (rep 26/03/2023)

Gold price hits record high (kh 19/03/2023)

Nepal’s net forex earnings grew by USD 200 million during one month of mid-January to mid-February (rep 13/03/2023)

The monetary policy’s upshots : The depreciation of the Nepali rupee versus the US dollar will cost us more while repaying foreign loans, by Nischal Dhungel (kp 21/02/2023)

Export value in rupee terms soars as currency weakens : Shipments of listed products in the first six months were worth Rs22.93 billion, according to the Department of Customs (kp 31/01/2023)

Gold sets record at Rs106,300 per tola : The slowdown in the economy has reduced the purchasing capacity of Nepalis and that is not creating demand in the domestic bullion market, traders say (kp 25/01/2023), Gold price decreases by Rs 1,100 per tola (kh 27/01/2023)

Nepal, India discuss improving access to cross-border payment systems : Though India is a close neighbour of Nepal, financial transactions between the two countries are full of hassles (kp 25/01/2023)

Concerns in Nepal as Indian Supreme Court validates Modi’s demonetization move, by Rajesh Khanal (rep 03/01/2023)

Nepal’s foreign currency dilemma: Import restrictions and petroleum products : If Nepal aspires to increase its foreign currency reserves, a more prudent solution would be to direct effort towards decreasing use of petroleum products and promoting use of petroleum substitutes, by Prakash Maharjan (nlt 28/12/2022)

Digital payments drop, overturning expectations of spending surge : Online payments during the period mid-October to mid-November fell to Rs3.94 trillion from Rs4.93 trillion last year, by Krishana Prasain (kp 20/12/2022)

Nepal had a net gain of foreign currencies worth Rs 7.60 billion during mid-October and mid-November (rep 16/12/2022)

Forex reserves increase by $130m in one month (ht 17/11/2022)

Digital payment on rise in Nepal (kh 22/10/2022)

US Dollar touches all-time high (kh 20/10/2022), Nepali rupee hits all-time low of 133.14 per dollar (nlt 20/10/2022)

Where has the money gone?, by Kamlesh Agrawal (kh 14/10/2022)

Scope of digital currency : The general public at large in Nepal has a typical currency-handling culture, by Roshee Lamichhane (kp 10/10/2022)

US dollar becomes further strong (nlt 09/10/2022), US Dollar at a record high against Nepalese currency (kh 09/10/2022)

Saturday’s currency exchange rate as per NRB (kh 08/10/2022)

Deficit of Pro-Bitcoin Political Leadership, by Bimal Pratap Shah (rep 09/10/2022)

US dollar soars to all-time high (rep 29/09/2022)

Gold price up by Rs 1,200 per tola (kh 29/09/2022)

Nepali rupee suffers largest single-day drop to all-time low of 130.9 : Nepal introduced current account convertibility in 1993, effectively pegging the Nepali rupee to the Indian rupee, by Krishana Prasain (kp 27/09/2022)

US Dollar at a record high against Nepalese currency (kh 25/09/2022)

Weakening rupee likely to aggravate economic, by Sangay Sherpa (ht 21/09/2022)

NRB issuing fresh notes for Dashain from today (kh 14/09/2022)

Writ calling to recognize digital currency filed in Supreme Court (kh 18/08/2022)

Central bank working to amend Act to issue digital currency : Officials and experts call for patience in introducing such a currency to avoid risks, as they suggest observing the practice in neighbouring countries, by Prithvi Man Shrestha (kp 07/08/2022)

Nepal imports gold of Rs 35 billion in one year (kh 26/07/2022), Nepal imported more than 5.57 tons of gold in FY 2021/22, govt earned Rs 4.40 billion in revenue (rep 02/08/2022)

Gold price decreases by Rs 800 per tola (kh 15/07/2022)

Forex reserves increase by $170m in one month (ht 12/07/2022)

Gold price decreases by Rs 1400 per tola (kh 07/07/2022)

Gold price decreases by Rs 1600 per tola (kh 06/07/2022)

Forex reserves down to fund imports for just a little over six months raises alarm : Questions arise if import control measures have worked and government is doing much to address economic woes, by Prithvi Man Shrestha (kp 27/06/2022)

The progressive devaluation of Nepali currency : Nepal has an import-based economy so the devaluation of the domestic currency against the dollar will also impact import of foreign goods, by Pratik Ghimire (ae 23/06/2022)

USD hits new high against Nepali rupees (kh 23/06/2022)

Nepal’s foreign debt liability swells as rupee plunges to an all-time low against dollar : Rupee’s fall due to steady depreciation of Indian rupee to which it is pegged, insiders say, by Krishana Prasain (kp 15/06/2022)

Nepali rupee hits an all-time low against the dollar : Nepal’s central bank has fixed the exchange rate at Rs125.16 per US dollar for Tuesday trading (kp 14/06/2022)

The future is crypto-native : What should Nepal do?, by Bimal Pratap Shah (nlt 14/06/2022)

Forex reserves decline 18 percent in 10 months of running fiscal : Existing foreign currency sufficient only to cover import of merchandise and services for 6.53 months (kh 10/06/2022)

Digital payment a top priority for govt: Minister Karki (rep 03/06/2022)

Scope Of Digital Currency, by Binaya Ghimire (rn 03/06/2022)

Nepali rupee becomes further weaker (rn 19/05/2022)

Nepali Rupee slides to all-time low against US dollar (rep 10/05/2022)

NRB preparing to launch digital currency (rep 28/04/2022)

Gold price Rs 102,000 per tola today (kh 15/04/2022), Raw gold out of stock in Nepali market : Customers not to get new gold items unless they bring theirs (kh 15/04/2022)

NRNA to urge non-resident Nepalis to send dollars (kh 12/04/2022)

Gold price goes up by Rs 800 per tola (kh 01/04/2022)

Private Sector calls for facilitating circulation of INR 500 and 2,000 note in Nepal (kh 25/03/2022)

Gold price up by Rs 800 per tola (kh 22/03/2022)

4,044 kg gold worth Rs 28.17 bln imported to Nepal in eight months of running fiscal (kh 22/03/2022)

Gold price declines by Rs 600 (rep 20/03/2022)

NTA directs to shut down all crypto currency trading websites and platforms (kh 15/03/2022), Illegal cryptocurrency trading: Rs 97.4 million embezzled (rep 15/03/2022), ISPs in Nepal asked to disable digital platforms being used for investment in crypto currency, online gambling (rep 15/03/2022)

Gold price goes down by Rs 1,800 per tola (kh 15/03/2022)

Gold price up by Rs 600 per tola (nlt 11/03/2022)

Gold price hits new record at Rs105,500 per tola : The demand for gold has increased in the global market due to the Russia-Ukraine war as investors see the yellow metal as a safe haven amid heightened uncertainties (kp 10/03/2022)

Ailing Mint Division struggling to remain relevant : While Nepali coins are outsourced from foreign countries as it is cheaper, the 90–year–old office is now limited to melting confiscated gold, by Anup Ojha (kp 09/03/2022)

Nepali currency  becomes the weakest in history Tuesday (kh 08/03/2022), Nepali rupee plunges to all-time low against US dollar, exchange rate hits Rs 123.44 per dollar (rep 08/03/2022)

Gold price in Nepal reaches close to Rs 100,000 per tola, Russia-Ukraine crisis blamed for the price rise (rep 24/02/2022)

Discourse On Cryptocurrency In Nepal, by Uttam Maharjan (rn 08/02/2022)

Nepal begins study on digital currency as India plans to launch such currency this year : It may take 2-3 years for Nepal to introduce a central bank digital currency, say officials. Study report is expected in two weeks, by Prithvi Man Shrestha (kp 03/02/2022)

Govt mulls raising limit of Indian currency that individuals can carry while traveling to India (rep 23/1/2022)

Nepal’s forex reserve depletes further, NRB has reserves sufficient to finance imports for only 6.8 months (rep 14/01/2022)

Losing loose change in Nepal : Nepal’s coins tell the history of the country, but falling value means they are mostly found with museums and collectors, by Ashish Dhakal (nt 10/12/2021)

Cryptocurrency transactions may be allowed in Nepal: Finance Minister (rep 24/11/2021)

NRB preparing to introduce banknotes of Rs 100 and Rs 500 denominations with security threads (rep 03/11/2021)

Gold price down by Rs 600 per tola (rep 27/10/2021)

Foreign exchange reserves on decline (kh 27/10/2021), Surging imports and decline in tourism take toll on forex reserves : Foreign currency reserves, enough to fund imports for 10 months at fiscal year’s start, drop by about Rs100 billion, by Prithvi Man Shrestha (kp 28/10/2021), Central bank for curbing luxury imports amid falling foreign exchange reserves : Existing foreign exchange reserves are enough to  finance just 7.8 months of imports, close to the minimum threshold of seven months set by the central bank, by Prithvi Man Shrestha (kp 31/10/2021)

Nepali Rupee Weakens Against US Dollar, by Laxman Kafle (rn 12/10/2021)

Authorities tighten the rules to limit foreign currency outflow : Move comes amid dipping foreign exchange reserves and soaring imports, by Prithvi Man Shrestha (kp 09/10/2021)

Bullion market glitters as lockdown blues wear off : The flood of gold imports is a sign of rapidly rising consumer confidence and economic rebound, insiders say, by Krishana Prasain (kp 09/09/2021)

Gold price down by Rs 300 per tola today (kh 25/08/2021)

Gold price falls to a three-month low at Rs 89,000 per tola on soaring dollar price (rep 09/8/2021)

Gold rallies despite dip in incomes as markets reopen : The ongoing wedding season is also one of the key reasons behind the rush, traders say, by Krishana Prasain (kp 27/06/2021)

Gold price down by Rs 1,100 per tola today (kh 17/06/2021)

De-Pegging The Rupee?, by Uttam Maharjan (rn 19/01/2021)

Nepalis can now pay in dollars to buy foreign goods, services (rep 06/12/2020)

Precious metals slump by over 3pc (ht 29/11/2020)

Gold imports jump 12-fold as Nepalis spend despite pandemic : According to the Trade and Export Promotion Centre, Nepal imported  Rs737 million worth of gold between mid-July and mid-October, by Krishana Prasain (kp 25/11/2020)

Hopes of COVID vaccine weigh on gold, silver (ht 22/11/2020)

Gold Price Drops Rs 3,400 Per Tola (rn 10/11/2020)

Price of precious metals surges significantly (ht 08/11/2020)

Gold import down by 60 percent in last fiscal year : Despite price per tola at nearly six-figure mark, demand among investors rose and banks sold 105 kg in just one week after lockdown was lifted in July, by Krishana Prasain (kp 06/09/2020)

Bullion price edges down slightly after record streak (ht 16/08/2020)

NRB introduces new Rs 1,000 note which can be identified by visually-impaired: The new banknote is the first of its kind in South Asia, by Ruby Rauniyar (rep 14/08/2020)

Gold prices down sharply by Rs 6,200 today (kh 12/08/2020)

Bullion price continues to surge (ht 02/08/2020)

As gold price soars to six-digit figure, sales plummet: People planning weddings and gold dealers are hit hard, but small investors and the central bank are smiling, by Krishana Prasain (kp 01/08/2020)

Gold price escalates to new record of Rs 96,300 per tola on worsening US-China row (rep 26/07/2020)

The Exchange rate system: Should Nepal revisit the Peg with Indian Currency?, by Nitish Shrestha (kh 03/07/2020)

Bullion price steady in domestic market (ht 28/06/2020)

Gold soars as virus fears drive investors to seek safety: Loss of income due to the lockdown forces Nepalis to sell their jewellery to cover living expenses, by Krishana Prasain (kp 23/06/2020)

Gold price rises, silver declines (ht 21/06/2020)

Bullion market reopens with record-high price tag: Gold was priced at Rs 87,400 per tola, a jump of Rs 10,400 from pre-lockdown days, by Krishana Prasain (kp 09/06/2020)

Rupee at all-time low [ht 16/04/2020)

Precious metals lose lustre because of economic fallout (ht 22/03/2020)

Rupee hits an all-time low against USD (ht 20/03/2020)

Weakening Nepali currency to hit economy (ht 12/03/2020)

How fast can Nepal go cashless? (rep 12/03/2020)

Gold price sets a new record of Rs 80,500 (rep 05/03/2020)

Gold hits all-time high of Rs 80,300 per tola on virus jitters: Traders said the bullion market was almost deserted on Monday as buyers fled high prices, by Krishana Prasain (kp 25/02/2020)

Gold at new peak of Rs 77,600 per tola (ht 21/02/2020)

Gold price at fresh all-time high (ht 20/02/2020)

Gold at new high of Rs 76,700 per tola (rep 19/02/2020)

Currency exchange counters deserted as demand for Indian rupees falls: Experts say an increase in the supply of Indian currency has led to reduced business for money changers, by Madhav Dhungana (kp 09/01/2020)

IFC required to invest capital from local currency bonds in Nepal for at least three years: The subscription rate of Nepali currency bonds in international markets will test the trust of external investors in Nepal’s economy, by Prithvi Man Shrestha (kp 07/01/2020)

Gold hits new peak of Rs75,500 per tola: Bullion traders predict that prices will remain at record highs if the conflict between the US and Iran continues, by Krishana Prasain (kp 06/01/2020)

Time for a currency symbol: Matter of national identity, by Bhanu Kandel (ht 01/01/2020)

Bullion price fluctuates in domestic market (ht 15/12/2019)

On Bitcoin: Seek help of experts, by Dikpal Khatri and Anushka Joshi (kp 13/12/2019)

Fake Nepali currencies of 1000 and 500 denominations found in Waling (rep 21/11/2019)

Authorities discover new changes to old ways of illegally transferring money: Hundi traders are now using Indian shopkeepers along the border to exchange foreign currency for Nepali rupees, by Prithvi Man Shrestha (kp 08/11/2019)

High price leads to worst sales record of gold: The high prices are making customers think twice about buying the precious metal, by Krishana Prasain (kp 04/10/2019)

Falling reserves: In county like ours whose economy is heavily dependent on imports, foreign  exchange reserves should be adequate to sustain imports for at least eight months, by Ranjin Ranjit (rep 01/10/2019)

Foreign exchange reserves decline for the first time in 10 years, reducing import ability by half: Four years ago, Nepal had enough reserves to sustain the imports for 14.1 months, but now that number has reduced to just 7.8 months, by Prithvi Man Shrestha (kp 23/09/2019)

Central bank to issue new banknotes for Dashain from mid-September (ht 31/08/2019)

Impact Of Currency Depreciation, by Hira Bahadur Thapa (rn 23/08/2019)

Weakening rupee likely to affect festive market (ht 22/08/2019)

Gold climbs to yet another peak of Rs 71,500 per tola (rep 16/08/2019)

Everything you need to know about cryptocurrencies: Although digital currency is increasing in popularity across the world, in Nepal, Bitcoin and other cryptocurrencies are considered illegal forms of financial tender, by Prajesh SJB Rana (kp 15/08/2019)

Record-setting week for gold as it hits Rs 70,000 per tola (ht 11/08/2019)

Gold price at a fresh peak of Rs 67,800 a tola (ht 06/08/2019)

Gold glitters at record high of Rs 66,300 per tola, by Muna Sunuwarn (rep 05/08/2019)

Gold at all-new high of Rs 65,800 a tola (ht 03/08/2019)

Prices of precious metals spike (ht 21/07/2019), Soaring prices and fall in demand see bankers struggle to sell gold: The yellow metal traded at Rs65,500 per tola on Friday—on par with an all-time high price first recorded on June 25, by Krishana Prasain (kp 21/07/2019)

Nepal’s rising trade deficit takes toll on country’s foreign currency reserves: The trade deficit grew 17 percent in the first 11 months of the last fiscal year, by Rajesh Khanal (kp 21/07/2019)

Gold price touches Rs 65,500 per tola, Nepal's highest, again (rep 19/07/2019)

Precious metals shine as trade war rages on (ht 23/06/2019)

Gold hits record high of Rs64,000 per tola: The precious metal has been moving up since the budget  statement was released, by Krishana Prasain (kp 21/06/2019)

Gold hits four-month high in Nepal: Demand for the precious yellow metal has plunged nearly 50 percent, by Krishana Prasain (kp 17/06/2019)

Nepali currency is beautiful, but some say it’s time for a redesign: Officials at Nepal Rastra Bank, while appreciative of the look of the notes, appear to have no idea who designed them and when, by Abani Malla (kp 7/03/2019)

India for revoking ban on Indian notes, by Sujan Dhungana (ht 15/03/2019), India ‘agrees’ to lift ban on 200- and 500-rupee banknotes in Nepal (kp 15/03/2019)

Demand for gold plunges 50 percent year-on-year, by Krishana Prasain (kp 01/03/2019)

Foreign currency reserves fall 6.64 percent to $9.41 billion, by Rajesh Khanal (kp 14/02/2019)

Fake currency seized in capital (kp 11/02/2019)

Price of precious metals takes a hit (ht 10/02/2019)

Price of precious metals becomes dearer (ht 03/02/2019)

Gold price swells to Rs 62,200 a tola (rep 31/01/2019)

Foreign currency expenses to be tightened to check balance of payments deficit, by Rajesh Khanal (kp 28/01/2019)

Central bank issues notice on Indian notes ban (kp 21/01/2019)

Forex reserve fall continues as import bill continues to rise: Forex kitty dips $79 million in five months (rep 19/01/2019)

Indian lawmakers inquire about Nepal’s decision to ban Indian bank notes, by Suresh Nath Neupane (kp 05/01/2019), Nepal begins talks to make banned Indian notes legal, by Bibek Subedi (kp 06/01/2019)

Central bank tightens Indian rupee spending for cardholders, by Rajesh Khanal (kp 26/12/2018), Card payments in India for Nepalis limited to IRs 100,000 a month, by Sagar Ghimire (rep 26/12/2018)

Country’s forex reserves slump to 32-month low (ht 15/12/2018)

Cabinet bans Indian notes above INR 100: Government has also decided to exempt loans taken by small farmers from the then Sajha Co-operative (kp 14/12/2018), Nepal may lose Indian tourists after currency restriction, by Sangam Prasain (kp 18/12/2018), Border residents upset by ban on large Indian notes: The Cabinet recently decided to disallow people  from carrying Indian currency notes larger  than Rs100 in Nepal, by Shankar Acharya (kp 21/12/2018)

Forex reserves fall below eight months of imports: Report; Nepal relies largely on migrant workers’ remittance  to strengthen its foreign exchange reserve, by Bibek Subedi (kp 06/12/2018)

Central bank selling dollars to buy Indian rupees, by Bibek Subedi (kp 29/11/2018)

It’s about time: Nepal’s currency policy has remained static for too long, by Paban Ran Pandey (kp 23/11/2018)

Central bank to swap old notes with new during all festivals (kp 13/11/2018)

Dollar Laxmi: The fall of NPR vis-à-vis USD is a bonanza for Nepal’s remittance-driven economy, by Anil Chitrakar (nt 26/10/2018)

Gold at five-year high of Rs60,000 per tola (kp 22/10/2018)

Exchange rate policy: The way forward, by Guna Raj Bhatta (ht 16/10/2018)

Implications Of Dollar Appreciation, by Hira Bahadur Thapa (rn 12/10/2018)

Market ends week on a positive note (rep 12/10/2018)

Rupee rout continues: 1 US dollar now fetches Rs 119.33 (rep 10/10/2018)

Falling rupee: It is time to have a long-term plan to manage the Nepali rupee, by Sujeev Shakya (kp 09/10/2018)

Nepali rupee plunges to a new low (kp 06/10/2018)

New notes to be distributed from Oct 7 (ht 24/09/2018), NRB to issue fresh notes from Oct 7 (kp 27/09/2018)

Rupee falls to record low of 117.07 against dollar (rep 19/09/2018)

Government waits before raising gold import quota: Rising value of US dollar, stress on external sector give government pause (rep 15/09/2018)

Rupee falls to new low against dollar (rep 12/09/2018)

Stronger US dollar threatens external sector stability: Rupee freefall against greenback likely to worsen balance of payment position (rep 09/09/2018), Currency depreciation could dampen festive mood (ht 09/09/2018)

Rupee slumps to record low against dollar (rep 07/09/2018)

Rupee hits an all-time low: The Nepali currency weakened by 35 paisa a dollar in just a single day. According to reports, the Nepali rupee’s fall is a result of the steady depreciation of the Indian rupee with which it is pegged (kp 04/09/2018)

Nepali rupee hits new low against US dollar: One US dollar fetches Rs 113.49, the most ever (rep 31/08/2018), Rupee devaluation to hit inflation, growth rate, by Sujan Dhungana (htm 01/09/2018)

Rupee hits to new low against the greenback (kp 30/08/2018)

Rupee hits record low of 112.20 per dollar: The depreciation of the domestic currency could further exert pressure on the balance of payments (kp 14/08/2018)

Ministry plans regulator to monitor bullion market: Move to curb dodgy transactions in precious metals, by Prithvi Man Shrestha (kp 09/08/2018)

Price of precious metals dips slightly (ht 01/07/2018)

Nepali rupee drops to over 18-month low (ht 28/06/2018), Rupee tumbles to record low: Despite the fall, it could attract more tourists as it offers more purchasing power (kp 29/06/2018), Nepali rupee depreciates to all-time low (ht 29/06/2018) (compared to US dollar)

A case for crypto : Nepal’s apprehension on cryptocurrency stems from the notion that digital transaction could promote money laundering, by Ajaya Kusum Adhikari (rep 12/06/2018)

Foreign currency reserves depleting (ht 20/05/2018), Before the crisis hits: Measures that can jack up exports, attract FDI and bring in more tourists are a must to keep the foreign currency reserves from depleting (ht 21/05/2018)

Don’t over indulge: The price of gold is based less on intrinsic value and more on the beliefs of buyers and sellers, by Sarthak Karki (kp 01/05/2018)

Rupee hits 13-month low (kp 24/04/2018)

Gold hits 4-year high of Rs58,500 per tola (kp 27/03/2018)

Foreign currency reserve depletes by Rs 30.23bn (ht 20/03/2018), Downward trend: To increase foreign currency reserve, the government must focus on setting up export-oriented industries (ht 21/03/2018)

Price of precious metals decreases (ht 21/01/2018)

NRB seeks hike in gold import quota (ht 18/01/2018)

The future of cryptocurrencies: Instead of banning bitcoins, Nepal could study its value and perhaps create its own blockchain cyrptocurrency, by Atit Babu Rijal (kp 27/12/2017)

IC shortage hampers trade, life in Birgunj, by Shankar Acharya (kp 13/12/2017)

NRB to inject Rs20b into market today (kp 19/11/2017)

NRB to distribute new notes from Sept 13: Public to get exchange facility worth up to Rs 27,000 (ht 05/09/2017), New banknotes exchange for Dashain from next week (rep 05/09/2017), NRB issues fresh notes for festival (kp 14/09/2017), NRB circulates Rs11b in small demoniations (kp 22/09/2017)

Dollar depreciation to raise import, could hit tourism, remittance, by Pushpa Raj Acharya (ht 30/08/2017)

NRB seeks G2G talks on INR exchange (ht 29/06/2017)

Nepalis waiting endlessly to exchange Indian notes (kp 21/06/2017)

'Fake banknotes entering circulation from rural areas', by Santosh Pokharel (rep 15/06/2017)

Gold imports jump to Rs19.25b in Q3 (kp 12/05/2017)

NRB burnt unfit banknotes worth Rs 26 billion in FY2015/16 (rep 11/05/2017)

Circulation of fake Rs 500 notes rife in Pokhara, by Lal Prasad Sharma (kp 19/04/2017)

Purchasing power of rupee declines 400pc in two decades, by Pushpa Raj Acharya (ht 13/04/2017)

Dollar depreciation to boost consumption (ht 13/04/2017)

Nepali rupee hits 20-month high against dollar (kp 08/04/2017)

RBI proposes IRs4,500 note exchange limit (kp 27/03/2017), Don’t shirk responsibility: India’s decision to provide exchange facilities for banned notes worth IRs4,500 is inadequate (kp 28/03/2017), RBI rules out meeting NRB conditions (ht 28/03/2017), Demonetized Indian notes held by Nepalis may turn worthless papers: Deadline to respond to RBI offer expired on March 31 (rep 06/04/2017), Exchange facility to Nepalis soon: Nepal Rastra Bank (kp 10/04/2017), NRB gets nod to avail exchange facility of INR as proposed by RBI (ht 12/04/2017) [??], India delays process of exchanging banned banknotes (kp 25/04/2017), Demoneteized Indian banknotes in Nepal: India's silence over exchange facility frustrates NRB officials (rep 25/05/2017)

Rupee surges to nearly 17-mth high (kp 21/03/2017)

Rupee hits 16-mth high (kp 16/03/2017)

Foreign exchange facility from hotels illegal, says central bank (ht 14/03/2017)

Election effect: Rupee rises to four-month high of 106.87 per dollar (kp 13/03/2017)

Price of precious metals on a free fall (ht 12/03/2017)

Nepali money among 'world's most beautiful currencies', by Ashim Neupane (rep 09/03/2017)

Demonetized Indian banknotes in Nepal: RBI team arriving today to discuss exchange facility (rep 28/02/2017), Indian central bank officials arrive in Nepal, by Bibek Subedi (kp 01/03/2017), RBI team's report to decide fate of scrapped Indian banknotes (rep 02/03/2017), Indian FinMin says IC notes will be replaced (kp 04/03/2017)

Price of precious metals rises (ht 26/02/2017)

Forex reserves cross record $10b mark (kp 20/02/2017)

INR demonitisation: NRB rapped for ‘immature’ handling, by Pushpa Raj Acharya (ht 05/02/2017)

Banks can charge up to Re 0.30 on sale of each dollar on top of exchage rate (kp 31/01/2017)

NRB hesitant to allow use of new INR 500, 2,000 notes ( 29/01/2017)

IMF mission sees 'limited impact' of Indian demonetization in Nepal, by Sagar Ghimire (rep 24/01/2017)

Gold price rises by Rs2,900 per tola in a month (kp 13/01/2017)

Demonetisation blues: Why Modi’s political stunt is bad news for Indians and Nepalis, by Atul K. Thakur (kp 06/01/2017)

RBI to provide INR 1 billion in 100-rupee banknotes (ht 06/01/2017)

The future of cash: A cashless economy and digital platforms are the way to go, but we have to prepare well for the transition, by Sujeev Shakya (kp 03/01/2016)

Border markets face acute shortage of IRs100 notes, by Jitendra Sah (kp 03/01/2017)

India to make ‘special arrangement’ for Nepal: Delhi to dispatch team to Kathmandu, by Kamal Dev Bhattarai (kp 29/12/2016)

Ripple effect: Since the Nepali rupee is pegged to the Indian rupee, the note ban could affect Nepal, by Surya Bhakta Pokharel and Bishnu Prasad Bhandari (kp 28/12/2016)

Nepal tells India officials: It’ll take at least 10 days to exchange defunct notes; The Nepal government still remains clueless about providing exchange facility to Nepalis holding the banned Indian currency, by Kamal Dev Bhattarai (kp 23/12/2016)

Demonetisation nightmares: Our govt and central bank cannot ignore the plight of poor seasonal migrant workers, traders and general public, by Chandan Sapkota (kp 20/12/2016), Exchange facility for demonetised INR sought, by Pushpa Raj Acharya (ht 22/12/2016)

Indian banknotes ban hits trade conducted in cash, by Binod Bhandari (kp 20/12/2016)

Govt clueless about IC exchange facility (kp 19/12/2016)

India demonitisation move: No remedy for Nepalis as deadline nears; Indian bank notes in denominations of 500 and 1,000  will cease to be legal tender after December 30, by Kamal Dev Bhattarai (kp 17/12/2016)

Gold price hits 10-month low of Rs52,100 per tola (kp 16/12/2016)

Cash and corruption: Nepal should also think of demonetizing large currency notes as corruption in Nepal is as bad as it is in India, by Sukhdev Shah (rep 07/12/2016)

BFIs urged to provide Indian currency (ht 06/12/2016)

Fate of discarded Indian notes in Nepal still uncertain, by Sagar Ghimire (rep 06/12/2016)

Indian embassy enquires about legal status of IC notes in Nepal, by Bibek Subedi (kp 04/12/2016)

Black-marketeering of Indian currency rampant (kp 01/12/2016)

Nepalis demand NRB increase Indian currency exchange limit, by Bibek Subedi (kp 30/11/2016)

Rupee bounces from record low (kp 26/11/2016)

NRB: Don’t accept new Indian notes (kp 25/11/2016), NRB lowers INR exchange limit, by Pushpa Raj Acharya (ht 25/11/2016), As IC stocks fall, NRB counters to exchange only up to IRs 2,000 (rep 26/11/2016)

Imports to be dearer as Nepali rupee slides (ht 25/11/2016)

Rupee hits all-time low vs dollar (kp 25/11/2016)

Gold price hits over five-month low of Rs 54,600 per tola (kp 25/11/2016)

India positive about replacing banned notes with legal bills, by Bibek Subedi (kp 24/11/2016)

Rupee weakens to over 8-month low (kp 23/11/2016)

FNCCI urges govt to provide enough IC for businesses (kp 22/11/2016)

Solution being sought for INR exchange: Stringent rules will be developed for exchange of high denomination Indian notes, by Pushpa Raj Acharya (ht 20/11/2016)

Nepal Rastra Bank brings in $10m in cash from Singapore (kp 15/11/2016)

Gold hits five-month low of Rs55k per tola (kp 1n5/11/2016)

NRB urges India to facilitate exchange of banned Indian bills, by Bibek Subedi (kp 10/11/2016), India withdraws 500- and 1,000-rupee banknotes from circulation: Nepalis in border areas worried (kp 10/11/2016), Nepal Rastra Bank takes note of banned Indian currency circulating in Nepal, by Pushpa Raj Acharya (ht 10/11/2016), Nepal Police hails ban on IRs 500, 1000 notes: Expects the move will help put an end to smuggling of fake Indian currency using Nepali territory (ht 10/11/2016), NRB making efforts to return demonetized Indian banknotes, by Sagar Ghimire (rep 10/11/2016), Traders, commoners in a state of confusion (rep 10/11/2016), Dahal urges Modi to provide exchange facility to Nepalis (kp 15/11/2016), IC shortage hits general public, by Shankar Acharya (kp 15/11/2016), Money for nothing: If the large banknotes are not exchanged, many Nepalis are going to be in dire straits, by Jagadish Prasad Bist (kp 18/11/2016), No over-the-counter IC exchange, says NRB, by Bibek Subedi (kp 20/11/2016)

Shortage of dollar bills to ease by Monday: Nepal Rastra Bank is  bringing $10 million in cash from Singapore to ease the shortage of physical dollars in the domestic market, by Rupak D. Sharma (kp 09/11/2016)

MoF to intensify monitoring to check US dollar crunch in market (ht 30/10/2016)

Gold price slumps to over three-month low (kp 07/10/2016)

People facing hard time getting new banknotes: Say they have to wait for hours to get fresh bills for Dashain festival, by Anup Ojha (kp 05/10/2016)

Resurgent dollar extinguishes precious metals uptick (ht 02/10/2016)

Public to be able to get new banknotes from October 2 (ht 22/09/2016)

Banks to be allowed to sell five more currencies: Banks will be allowed to sell Swedish kroner, Danish kroner, Hong Kong dollar, Kuwaiti and Bahraini dinar (kp 26/07/2016)

Gold imports jump 55pc in first 11 months of FY (kp 09/07/2016)

Rupee weakens by one per cent (ht 25/06/2016)

Blind-friendly Rs100 banknote issued (kp 15/06/2016)

Rupee sheds value, gold glitters (rep 04/06/2016)

Gold price expected to fall by Rs2,000 (kp 27/05/2016)

Rupee weakens, gold loses luster (rep 14/05/2016)

Price of precious metals surges by over 3 per cent (ht 01/05/2016)

Rupee loses value against US dollar, gold price comes down (rep 26/03/2016)

Rupee strengthens, gold price down (rep 19/03/2016)

Rupee gains against US dollar, gold prices up (rep 05/03/2016)

Rupee depreciates against dollar, gold glitters (rep 27/02/2016)

Weakening rupee against dollar a big worry for Nepali importers, by Bibek Subedi (kp 24/02/2016)

Nepali rupee sails past 110 mark (ht 23/02/2016)

Rupee weakens, gold unchanged (rep 20/02/2016)

Nepali rupee hits all-time low of 109.93 per dollar, by Rajesh Khanal (kp 18/02/2016), Rupee hits another all-time low (ht 18/02/2016)

Rupee tumbles to fresh all-time low of 109.77 (ht 17/02/2016)

Madhes agitation causes Nepali currency to stock up in Indian markets (ht 15/02/2016)

Rupee tumbles to fresh all-time low of 109.48 (ht 12/02/2016), Rupee depreciates, gold glitters (rep 13/02/2016), Gold, silver prices surge by over 4pc (ht 14/02/2016)

Rupee strengthens, gold glitters (rep 06/02/2016)

To peg or not to peg: Nepali currency was pegged with Indian currency in 1992. Pegging rate is not reviewed even as economic reforms have taken place in both countries, by Raju Nepal (rep 30/01/2016)

Value of US dollar climbs to record high of Rs 109, by Sagar Ghimire (rep 22/01/2016)

Rupee tumbles to all-time low, by Rupak D. Sharma (ht 21/01/2016)

Rupee hits fresh 28-month low of 108.54 vs dollar (ht 16/01/2016), Rupee loses value against US dollar, gold price falls (rep 16/01/2016)

Rupee tumbles to over 28-month low of 107.83 vis-�-vis US dollar, by Rupak D. Sharma (ht 15/01/2016),

Rupee strengthens, gold price falls (rep 02/01/2016)

Pegging a fine line: A thriving currency black market drags the fixed INR-NPR exchange rate into the debate again, by Sarthak M Sharma (nt 18/12/2015)

Nepal Rastra Bank relaxes rules on Indian currency exchange, by Jitendra Sah (kp 27/11/2015)

NRB fixes limit on carrying Nepali currency to and from abroad, by Sagar Ghimire (rep 27/11/2015)

Nepali rupee plunges to 23-month low following yuan devaluation (ht 14/08/2015)

Gold price slides again to Rs47,800 per tola (kp 04/08/2015)

Gold in short supply as banks suspend imports, by Suman Bashyal (kp 29/07/2015)

Gold hits 8-month low of Rs49,500 per tola (kp 18/07/2015)

Rupee strengthens, gold glitters (rep 20/06/2015)

Rupee weakens, gold loses luster (rep 30/05/2015)

Gold, silver prices slump (ht 24/05/2015)

Rupee gains, gold price falls (rep 11/04/2015)

Rupee weakens, gold price stable (rep 04/04/2015)

Rupee weakens, gold price up (rep 28/03/2015)

Gold falls to Rs 50,500 per tola (kp 11/03/2015)

Rupee weakens, gold price down (rep 07/03/2015)

Rupee strengthens, gold price down (rep 28/02/2015)

Rupee weakens, gold stable (rep 14/02/2015)

Rupee gains, gold price down (rep 07/02/2015)

Rupee weakens, gold price falls (rep 31/01/2015)

1,000-, 500-rupee Indian banknotes allowed in Nepal, by Prithvi Man Shrestha (kp 24/01/2015), India lifts ban on carrying 1,000, 500 bank notes to and from Nepal (rep 24/01/2015), Import, export of 500, 1,000-rupee Indian notes formally legalised (ht 24/02/2015), NRB lifts ban on import, export of INR 500,1,000 notes (ht 25/02/2015)

Rupee strengthens, gold price up (rep 24/01/2015)

Gold price at 5-month high (kp 22/01/2015)

Gold hits 4-month high of Rs 53,300 per tola (kp 17/01/2015), Gold, silver prices increase (ht 18/01/2015)

Rupee gains value, gold price up by Rs 940 per 10 grams this week (rep 17/01/2015)

Rupee strengthens, gold price down (rep 03/01/2015)

Documents / Websites

Nepal Rastra Bank, Foreign Exchange Department: Exchange Rates for Current Day




Copyright © Nepal Research.
nepalresearch.org is not liable for any unsuitable material found in any of the links included in this web site.
Please contact the respective web sites for any relevant information.

Last updated: