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Nepal News Evening Economic Brief – June 28, 2025
28 Jun 2025 16:24 GMT
… Forex Misuse Cases Filed in 10 Months: Revenue Investigation Department:
Nepal … were sued for foreign currency misuse, including a … in question are Nepal Metal Company, Nepal Orient Magnesite, … billion-rupee data centers is also rising significantly.
Nepal to …
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Nepal’s biometric passport contract awarded to Veridos, Mühlbauer
24 Jun 2025 00:18 GMT
… the nefarious exploitation of currency exchange rates may have … NPR), the Government of Nepal could achieve significant cost … award a multi-billion-rupee e-passport tender … | identity document | Mühlbauer | Nepal | travel documents | Veridos
Latest …
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Forex: US dollar, euro, and pound strengthen
20 Jun 2025 02:02 GMT
… : The Nepal Rastra Bank has published the foreign currency exchange rates … showing a mixed trend in currency values.
Most major foreign … have appreciated against the Nepali rupee. However, the Australian dollar … NPR 367.70.
The Nepal Rastra Bank has noted that …
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ADB unveils $2.3 billion plan to boost green, job-rich growth in Nepal
18 Jun 2025 01:22 GMT
… environmental sustainability.
“As Nepal prepares to graduate from … , and local currency instruments such as rupee-linked bonds. … alongside climate adaptation.
Nepal faces unique economic constraints … The business environment in Nepal remains challenging. Many …
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ADB Launches New 5-Year Strategy for Economic Transformation in Nepal
17 Jun 2025 13:58 GMT
… Partnership Strategy (CPS) for Nepal for 2025–2029, setting … climate resilience.
“As Nepal advances toward graduating from … ADB Country Director for Nepal Arnaud Cauchois. “This model … thematic and local currency bonds (such as Nepalese rupee-linked bonds) …
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India Eyes Rupee Lending to Sri Lanka in Push for Regional Currency Dominance
29 May 2025 22:17 GMT
… Lanka, along with Bangladesh, Nepal, and Bhutan, has been … exchange shortages, access to rupee-based lending could help … measures to internationalise the rupee. These include permitting non … positioning the rupee as a regional trade currency. Analysts believe …
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RBI seeks nod to let Indian banks lend rupees abroad, boosting currency’s global use
28 May 2025 05:16 GMT
… rupee, seeking approval to allow domestic banks to lend the currency … Nepal and Sri Lanka, the sources said. If successful, such rupee … credit lines or bilateral currency swap arrangements.
“The … enabling easier access to rupee-denominated loans will help …
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Why RBI wants Indian banks to give rupee loans to foreigners
27 May 2025 20:07 GMT
… Bhutan, Sri Lanka and Nepal.
The central bank’s … Rupee (INR) through settlement of bilateral trade in local currency,” … credit lines or bilateral currency swap arrangements.
STORY … support strategic projects through rupee-denominated financing, the second …
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RBI said to be seeking approval for overseas rupee lending to neighbours
26 May 2025 06:27 GMT
… rupee, seeking approval to allow domestic banks to lend the currency … Nepal and Sri Lanka, the sources said.
If successful, such rupee … credit lines or bilateral currency swap arrangements.
… support strategic projects through rupee-denominated financing, the …
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Governor Poudel begins tenure, approves printing of new 500 and 1,000 rupee notes
21 May 2025 09:57 GMT
Dr. Biswo Nath Poudel signing his first order as governor. (Photo: RSS)
KATHMANDU: Dr. Biswo Nath Poudel, the newly appointed Governor of Nepal Rastra Bank, has officially assumed office.
After taking the oath of office before Chief Justice Prakash Man …