KATHMANDU, June 5: Nepal's economy is expected to suffer a hit of over $1 billion due to coronavirus containment measures which have hurt business activity and tourism in the Himalayan nation, a central bank official said on Thursday.
KATHMANDU: Stocks experienced a rough start to the week with the Nepal Stock Exchange (Nepse) index losing 11.63 points and 14.44 points on Sunday and Monday, respectively. A notable rally on Tuesday, when the index added 20.56 points, saw the market trim most of its earlier losses. The benchmark index gained another 3.87 points on Wednesday, before losing 3.7 points on Thursday. Eventually, Nepse ended the week with a modest loss of 5.34 points, or 0.45%, to settle at 1,191.07 points.