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  Nepal's limited foreign exchange reserves forces restricted imports A central bank official warned that Nepal may run out of foreign currency reserves needed to purchase medications, oil goods, cars, and other items in seven months if things don't…

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  Petrol Diesel Price in Nepal - 2023 Petrol Diesel Price in Nepal 2023 Nov 1, 2023 - Nepal Oil Corporation has reduced the prices of diesel and kerosene. The corporation issued a statement on Tuesday evening and informed…

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  Nabil and Nepal Bangladesh Bank start integrated business from today The acquisition by Nabil Bank and Nepal Bangladesh Bank has been completed, and the two banks are now fully integrated. Nabil Bank Limited is the new name for the combined…

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  NCHL rolls out National Payment Switch, transferring money across wallets now possible Efforts to implement the national payment switch began Thursday, when the Nepal Clearing House launched its service after receiving authorization from the Nepal Rastra Bank to do so. To facilitate…

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  SBI Bank Nepal launches Rupay Card Nepal SBI Bank's ATM and POS machines will now have access to Indian Rupay card. During Prime Minister Sher Bahadur Deuba's visit, Indian Prime Minister Narendra Modi and Deuba jointly…

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  Find out new interest rates revised by 21 commercial banks of Nepal Tuesday 31st Chaitra marks the end of the year 2077 BS,  hence 21 Commercial Banks of Category "A" have announced their latest interest rates which will come into effect from…

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  US dollar strengthens even more, trading now at above Rs 132 The gradual increase in the value of the US dollar has a negative effect on the Nepali currency, making it less valuable. The current foreign exchange rate published by the…

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  Nepal Rastra Bank publishes list of public holiday for year 2079 BS for BFI sector In the coming year 2079 BS, the employees of banks and financial institutions will get 44 more days of leave excluding Saturdays. Nepal Rastra Bank has made public the information…

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  Nepal's trade deficit increases to new high as imports surge to Rs 150 billion Trade deficit soared, foreign exchange reserves decreased and remittances declined sharply in the first month of the current fiscal year 2021-22, raising concerns if the external sector of the economy—Nepal’s…

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  TVS organizes Grand Exchange Mela in Bhrikutimandap Jagdamba Motors, the official distributor of two-wheelers from TVS for Nepal, has started a 'Grand Exchange Fair' from April 12 to April 16. The fair, which is being held at…

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  Nepal Rastra Bank helds talk with banks to limit the importation of luxury items After the country's foreign exchange reserves began to dwindle and imports skyrocketed, the Nepal Rastra Bank (NRB) began working with commercial banks to tighten import restrictions. Nepal Rastra Bank has…

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  Samsung partners with Ncell to bring phone exchange offer Samsung, Nepal's most trusted smartphone brand, in collaboration with Ncell, has come up with a plan for customers to easily replace their old bar phones, i.e. feature phones, with new…

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  US Dollar reaches an all time high, exchange rate at Rs 126.34 Nepal Rastra Bank (NRB) has fixed the exchange rate of one US dollar at Rs 126.34 for Wednesday. This is a record high for the American dollar. Earlier, the exchange…

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  New electricity tariff rate comes into effect, no charges for low energy consumers The revised electricity tariff rate, which was proposed by the Nepal Electricity Authority, is now in effect, effective from today. On the suggestion of the National Electricity Administration, the new…

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  Nepal starts importing electricity from Indian Energy Exchange at Rs 3.81 per unit Nepal Electricity Authority (NEA) has started purchasing electricity directly from the Indian energy market at competitive rates. NEA will purchase 200 to 250 MW of electricity from the Indian Energy…

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