Rupee rout continues

October 10, 2018 09:54 am

KATHMANDU, Oct 10: The value of Rupee plunged further to a new low of Rs 119.33 against US dollar, according to the reference rate set by the Nepal Rastra Bank for Wednesday.

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.

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).

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.

Making every rupee count

June 1, 2018 09:14 am

Exploring exotic new places doesn’t necessarily have to cost you a fortune. You just have to be a little wise with your money and there’s a lot you can do on less. Make a budget and stick to it.

KATHMANDU, March 3: The revived Nepal Drugs Ltd (NDL) is going to introduce Cetamol, its once renowned paracetamol tablets, in the Nepali market for a price of one rupee per tablet.

KATHMANDU, July 18: Nepalis stand to lose millions of dollars held in high-value Indian bank notes that India banned last year and has yet to exchange, a Nepali central bank official said on Tuesday.

KATHMANDU, June 13: The Commission for the Investigation of Abuse of Authority (CIAA) has intensified its investigation into the multi-billion rupee tax scam involving senior tax officials.

KATHMANDU, April 4: The Supreme Court (SC) has stayed an ongoing government probe into a multi-billion rupee drug scam and ordered lifting of the suspension of senior government attorneys accused of letting major suspects in the case go scot-free.

The Reserve Bank of India was spotted intervening in the foreign exchange market after the rupee fell to as low as 68.8350 per dollar on Thursday, on the verge of surpassing its previous record low of 68.85 in August 2013, traders said.

KATHMANDU, Nov 18: "Your small donation of one rupee can transform the life of people living with disabilities," said Yam Nath Mainali, member secretary of National Disabled Fund (NDF) under the Social Welfare Council.

Here are answers to key questions surrounding the shock move:

MUMBAI, Nov 8: Indian Prime Minister Narendra Modi on Tuesday announced that 500 and 1,000 rupee banknotes would be withdrawn from circulation at midnight, saying it was part of a crackdown on rampant corruption and counterfeit currency.

Rupee strengthens, gold glitters

September 10, 2016 00:40 am

KATHMANDU, Sept 10: Nepali rupee gained 69 paisa against US dollar this week as the Indian currency, with which rupee is pegged, strengthened against the greenback. Gold price, on the other hand, increased by Rs 260 per 10 grams over the week.

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.

Rupee strengthens, gold glitters

August 20, 2016 00:10 am

KATHMANDU, Aug 20: Nepali rupee appreciated by 12 paisa against US dollar this week as the Indian currency, with which rupee is pegged, gained strengthened against the greenback. Gold price, on the other hand, increased by Rs 340 per 10 grams over the week.

Rupee weakens, gold unchanged

August 13, 2016 00:20 am

KATHMANDU, Aug 13: Nepali rupee weakened by 7 paisa against US dollar this week as the Indian currency, with which rupee is pegged, lost value against the greenback. Price of gold remained unchanged at Rs 50,500 per 10 grams this week.

Rupee strengthens, gold shines

August 6, 2016 00:10 am

KATHMANDU, July Aug 6: Nepali rupee gained 15 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, went up by Rs 425 per 10 grams over the week.

Rupee appreciates, gold shines

July 30, 2016 00:40 am

KATHMANDU, July 30: Nepali rupee gained 10 paisa against US dollar this week as the Indian currency, with which rupee is pegged, gained value against the greenback. Gold price, on the other hand, increased by Rs 430 per 10 grams over the week.

Rupee weakens, gold loses shine

July 23, 2016 02:40 am

KATHMANDU, July 23: Nepali rupee lost 21 paisa against US dollar this week as the Indian currency, with which rupee is pegged, lost value against the greenback.

Rupee strengthens, gold price down

July 15, 2016 23:45 pm

KATHMANDU, July 15: Nepali rupee gained 78 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, came down by Rs 600 per 10 grams over the week.

KATHMANDU, July 9: Nepali rupee lost 1 paisa against US dollar this week as the Indian currency, with which rupee is pegged, lost value against the greenback. Price of gold, on the other hand, went up by Rs 90 per 10 grams over the week.

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.

KATHMANDU, June 25:Nepali rupee lost 20 paisa against US dollar this week as the Indian currency, with which rupee is pegged, lost value against the greenback. Gold price, on the other hand, went up by Rs 1,745 per 10 grams over the week.

Rupee strengthens, gold price up

June 10, 2016 20:32 pm

WEEKLY MARKET COMMENTARY (June 5-10)  KATHMANDU, June 10: Nepali rupee gained 96 paisa against US dollar this week as the Indian currency, with which rupee is pegged, gained value against the greenback. Gold price, on the other hand, went up by Rs 515 per 10 grams over the week.  CURRENCY Nepal Rastra Bank (NRB), the central regulatory bank, had opened currency trading on Sunday with value of dollar fixed at Rs 108.07.