The swift turnover is the result of govt policies aimed at leveraging Nepal's wealth of hydropower, easing dependence on ...

Nepal Rastra Bank (NRB), the South Asian nation’s central bank, revealed in August 2022 its intentions to develop a central bank digital currency (CBDC). Concurrently, the NRB appealed to the ...

Subsidies, hydroelectricity and a manufacturing powerhouse neighbor are moving the cars into Nepal faster than almost ...

Imports of four-wheelers, including passenger buses, microbuses, and private vehicles, rose by 27.04 percent year-on-year, ...

Nepal Rastra Bank Governor Maha Prasad Adhikari. “We cannot allow the rich to get richer in Nepal. One corporate borrower received refinancing of Rs1.27 billion straight from state coffers, while ...

Nepal Rastra Bank (NRB) has come under fire for its weak role in supervision and monitoring of the banks and financial institutions (BFIs) following the case of crisis-ridden Karnali Development Bank ...

KATHMANDU: Nepal is tightening imports of cars, gold and cosmetics as its foreign exchange reserves have fallen, a central bank official said on Monday (Apr 11), after the government suspended the ...

KEY POLICY ANNOUNCEMENTS ...

Nepal's central bank on Friday raised its benchmark policy rate at which it lends to commercial banks to 8.5% from 7%, as part of efforts to tame inflation which is running at a six-year high, and ...

By February 2022, the Himalayan country’s gross forex reserves had decreased 17% to $9.75 billion from $11.75 billion in mid-July 2021, according to central bank figures.

Nepal's Supreme Court issued a provisional order on Tuesday putting a temporary stay on the government's suspension of the central bank governor until the next hearing, a lawyer said.