KATHMANDU, Sept 29: The US dollar is at an all-time high. The value of the US dollar (exchange rate) compared to the Nepali currency has been continuously increasing and has started making new records every day.
KATHMANDU, May 20: Nepal bought Indian currency (IC) equivalent to Rs 404.70 billion by selling US dollars to finance the imports from the southern neighbor during the first nine months of the current fiscal year, which was 16 percent more than the amount during the same period of the last fiscal year.
KATHMANDU, Feb 16: Nepal bought Indian rupees worth Rs 241.31 billion by selling US dollars to finance the imports from the southern neighbour during the first six months of the fiscal year compared to that of Rs 229.55 billion in the same period in the last fiscal year.
MOSCOW, Sept 13: There is a global trend among countries reducing the share of the dollar in international settlements, Russian President Vladimir Putin said at the Eastern Economic Forum in Vladivostok.
KATHMANDU, Sept 9: The value of Nepali currency against the US dollar is on a freefall for the last few weeks. Though the Nepali rupee recovered marginally to Rs 115.08 against a US dollar from the earlier day’s record low of Rs 115.48, the volatility of the currency is likely to put a pressure on the external sector stability of the country.