Published On: November 1, 2022 01:05 PM NPT By: Moktsya Poudyal
KATHMANDU, Nov 1: The new lending rates adopted by the commercial banks of the country that came into effect on Tuesday, October 18, demonstrate a rise from those employed previously. Creditors now have to pay as much as 18 percent interest rate for the money they borrow from banks. With soaring inflation and depleting foreign reserves, the increase in the lending rates reflects a liquidity crisis in the country that does not seem to have de-escalated with time.
Published On: June 20, 2022 05:39 AM NPT By: Moktsya Poudyal
KATHMANDU, June 20: Nepal Stock Exchange (Nepse) is currently in what experts call a “bearish trend” mainly triggered by the uncertainties raised by the worsening performance of the country’s macroeconomic indicators.
Published On: June 1, 2022 05:50 PM NPT By: Moktsya Poudyal
KATHMANDU, June 1: On May 29, the government introduced a budget of Rs 1.793 trillion for the fiscal year 2022/23, an increase of around Rs 146 billion from that allocated for the current fiscal year (2021/22).