KATHMANDU, Jan 25: The Department of Revenue Investigation (DRI) filed cases against four persons on the charge of misappropriation of foreign currency worth Rs 376.41 million at the Kathmandu District Court on Monday.

KATHMANDU, Jan 13: Nepal now has foreign currency reserves sufficient to import goods and services for 6.8 months, down from the adequacy for 7.2 month in mid-November, due to massive drain out of the foreign currencies from the country.

KATHMANDU, Sept 29: Nepal Rastra Bank (NRB) has started taking stern measures on the use of foreign currencies, citing the depleting foreign exchange reserve triggered by the worsening balance of payments (BoP) situation.

KATHMANDU, April 11: The inflow of remittance has begun to witness a sharp plunge. The tourism industry faces the biggest catastrophe in Nepal's recent history. And there is only a slim chance for the country's exports to grow any further.

KATHMANDU, March 31: The government has barred import of luxury vehicles and a number of expensive edibles to avoid possible fall in foreign currency reserve of the country as economic activities come to a halt due to COVID-19 outbreak.

KHARTOUM, Sept 7: Sudan’s toppled former leader Omar al-Bashir was the only person with a key to a room at the presidential palace holding millions of euros, his last office manager testified on Saturday.

KATHMANDU, April 6: Police have arrested five members of the same family with a huge amount of foreign currencies from the Tribhuvan International Airport, on Friday.

KATHMANDU, Nov 11: Nepal Rastra Bank (NRB) has relaxed a rule on the limit of fund that a Nepali commercial bank can borrow in convertible currency from foreign institutions.