KATHMANDU, Oct 8: The Nepali Rupee fell to a historic low against the US dollar with Nepal Rastra Bank (NRB) fixing the exchange rate at Rs 132.02 per dollar for Saturday.

Dollar hits all-time high

June 29, 2022 17:44 pm

KATHMANDU, June 29: The value of the US dollar has hit an all-time high in Nepal. According to Nepal Rastra Bank, Nepalis have to pay at least Rs 126.34 to buy one US dollar as per the exchange rate determined by the country’s central bank on Wednesday.

KATHMANDU, June 15: The Nepali currency further depreciated against the US dollar, reaching a record low value, with Nepal Rastra Bank (NRB) fixing the exchange rate at Rs 125.08 per dollar on Wednesday.

KATHMANDU, May 19: The Nepali Rupee fell to a record-low against the US dollar with the Nepal Rastra Bank (NRB) fixing the rate of Rs 124.44 per dollar for Thursday.

KATHMANDU, Oct 7: The Nepali Rupee on Thursday depreciated to a six-month low against the US dollar with Nepal Rastra Bank (NRB) fixing the price of the American currency at Rs 120.27 per dollar for the day.

Is the almighty dollar slipping?

August 26, 2020 15:00 pm

NEW YORK – The recent sharp depreciation of the US dollar has led to concerns that it may lose its role as the main global reserve currency. After all, in addition to the US Federal Reserve’s aggressive monetary easing—which threatens to debase the world’s key fiat currency even further—gold prices and inflation expectations have also been rising.

LONDON/BEIJING, Aug 15: China has severely restricted imports of gold since May, bullion industry sources with direct knowledge of the matter told Reuters, in a move that could be aimed at curbing outflows of dollars and bolstering its yuan currency as economic growth slows.

KATHMANDU, March 9: The Metropolitan Police's International Airport Office has arrested a person with illegal US dollar bills.

Making every dollar count

January 27, 2019 01:00 am

Cost-benefit analysis can play a vital role in shining a light on interventions and investments that achieve the most for every dollar spent

Officials into corruption

January 20, 2019 15:27 pm

Where is true and pure justice? When a victim needs it most Where is our professing government? When they take relief by her first

TOKYO, Oct 18: Asian stocks were capped and the dollar rose to a one week-high in early Thursday trade after the minutes of the Federal Reserve’s latest meeting showed broad agreement among board members on the need to raise borrowing costs further.

KATHMANDU, Oct 7; The Nepali rupee has been in a free-fall against the US Dollar since the last few weeks, in line with the collapse of the Indian rupee. The domestic currency fell further to a new low of Rs 118.33 per US dollar on Saturday, from Rs 118.03 on Friday.

KATHMANDU, Oct 5: ​Rupee has tumbled to a record low against US dollar.

TOKYO, Oct 5: The dollar stood tall on Friday against its major peers, including the yen and euro, as investors evaluated the impact of a two-day global government bond rout that has lifted U.S. Treasury yields to seven-year highs.

KATHMANDU, Sept 19: Rupee is showing no sign of a significant recovery as the value of local unit against the US Dollar nosedived to a record low of Rs 117.07 on Wednesday, according to a reference rate set by the Nepal Rastra Bank (NRB).

Sept 16: The U.S. Dollar was pressured most of the week by a pair of weaker-than-expected inflation reports and the news that the U.S. had extended an invitation to China to renew trade talks. However, it was able to recover some of its losses on Friday on the back of upbeat U.S. economic data, higher Treasury yields and reports that Trump administration was getting ready to impose new tariffs.

Rupee falls to new low against dollar

September 12, 2018 04:15 am

KATHMANDU, Sept 12: The value of Rupee has plummeted to a new low of 116.61 against the US Dollar.

Rupee slumps to record low against dollar

September 7, 2018 05:30 am

KATHMANDU, Sept 7: The value of Nepali currency has plummeted to a record low against the US dollar in line with the Indian currency rout.

KATHMANDU, Aug 31: The value of Nepali rupee against the US dollar has plunged to a new low. The rupee fell to 113.49 against the US dollar, according to the exchange rate fixed by Nepal Rastra Bank (NRB) for Friday. The rate was Rs 113.25 on Thursday.

Trump’s dollar weakness

August 27, 2018 00:30 am

Despite dollar appreciation, weak greenback may be in store. Far from making America great again, Trump seems to be hastening its economic decline

KREMLIN, July 28: Washington's use of payment systems for political purposes undermines the US dollar as a global currency, said Russian President Vladimir Putin at the BRICS Summit in South Africa.Putin added that Russia has no intention of getting rid of the US dollar, as the currency is widely used in international trade and business.

CONNECTICUT, June 25: The idea that a trade war between US and China is good for the dollar is complete nonsense, according to investor Peter Schiff. He believes that greenback will only depreciate.

MOSCOW, June 24: The world is facing a currency war and the only hedge against the crash of the US dollar is real gold, a precious metal analyst has told. Holding physical gold is definitely the best hedge against a crash of any paper currency, and therefore also against a crash of the USD.


June 21, 2018 06:10 am

We all live in a world where self-esteem is proportionate to skin color. White skinned individuals are considered superior to dark-skinned people, resulting in physical and mental abuse towards the colored people.

LONDON, June 12:  World stocks crept higher on Tuesday while the dollar turned negative after hitting a three-week high at the end of a U.S.-North Korea summit aimed at the denuclearization of the Korean peninsula.

Department of Immigration assures matter will be resolved soon

Dollar to e-SDR

May 1, 2018 00:28 am

Trump’s threats of trade and currency wars are fueling fears that the US dollar could become a weapon in geopolitical disputes.

Chinese woman held with illicit dollar

September 28, 2017 22:01 pm

KATHMANDU, Sept 28: A Chinese woman is held with US $ 46,000 at Tribhuvan International Airport (TIA) on Thursday.

The dollar nudged up to a six-month high in early Asian trading on Monday, as investors continued to back bets that the administration of President-elect Donald Trump would embark on expansionary fiscal policies and boost growth.

MBL launches Visa dollar prepaid card

October 23, 2016 21:08 pm

KATHMANDU, Oct 23: Machhapuchchhre Bank Limited (MBL) has started Visa dollar prepaid card service, targeting customers going abroad.

Asian markets mostly rise as dollar gains

September 6, 2016 15:00 pm

HONG KONG, Sept 6: Asian markets extended gains Tuesday on diminishing prospects of a US interest rate rise this month, while the dollar also gained against the yen after Japan's central bank chief pledged fresh stimulus if needed.

KATHMANDU, Aug 26: After losing value early in the week, the Nepali rupee gained 3 paisa against the US dollar this week as the Indian currency, with which the rupee is pegged to, gained in value against the greenback.

KATHMANDU, July 5: A $40 million nutrition project titled ‘Community Action for Nutrition Project: Sunaula Hajar Din (Golden Thousand Days)’ has been widely criticized for being ineffective in delivering results as per its set target.

Nepali rupee gained 66 paisa against US dollar this week as the Indian currency, with which rupee is pegged, appreciated against the greenback. Gold price, on the other hand, remained unchanged over the week at Rs 50,155 per 10 grams.