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Nepal should engage in monetary tightening to bolster forex, says IMF

KATHMANDU: Nepal should engage in monetary tightening including interest rate hikes to bolster its dwindling foreign exchange reserves, without resorting to import curbs that could push up prices and hamper economic growth, a senior International Monetary Fund (IMF) official said on Wednesday. The government must address inflationary pressures and growing...

Nepal should engage in monetary tightening to bolster forex, says IMF
Nepal and United States sign new five-year development assistance agreement

Nepal and United States sign new five-year development assistance agreement

Elon Musk says businesses and governments may have to pay to use Twitter

Elon Musk says businesses and governments may have to pay to use Twitter

Liquidity in banking system in course of improvement

Liquidity in banking system in course of improvement

Nepal and World Bank Sign $150 Million Development Policy Credit to Strengthen Nepal’s Financial Sector

Nepal and World Bank Sign $150 Million Development Policy Credit to Strengthen Nepal’s Financial Sector

RBI hikes key interest rate to 4.4%, first since May 2020, cites inflation

RBI hikes key interest rate to 4.4%, first since May 2020, cites inflation

EC asks political parties to follow code in election expenses

EC asks political parties to follow code in election expenses

Margin loan limit raised to 70 percent from 50 percent

Margin loan limit raised to 70 percent from 50 percent

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India’s SpiceJet under investigation after severe turbulence injures passengers

Foreign tourist arrival surge 160pc in April

Foreign tourist arrival surge 160pc in April

Credit card withdrawals and transfers no longer allowed

Credit card withdrawals and transfers no longer allowed

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Ncell brings ‘Pahilo SIM’ scheme for SEE students

Indian PM Modi to visit Nepal for Buddha anniversary celebrations in mid-May

Indian PM Modi to visit Nepal for Buddha anniversary celebrations in mid-May

Over 1.5K suspicious transaction reports under investigation: NRB

Over 1.5K suspicious transaction reports under investigation: NRB

Industrialists seek immediate solution to ongoing electricity outage

Industrialists seek immediate solution to ongoing electricity outage

Nepal proposes Malaysia to increase minimum remuneration of Nepali migrant workers

Nepal proposes Malaysia to increase minimum remuneration of Nepali migrant workers

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Supreme Court rules in favor of NRB governor, gives continuity to its previous interim order

‘The United States and Nepal have stood with one another’ Ambassador Berry

‘The United States and Nepal have stood with one another’ Ambassador Berry

Industrialists urges government to allow import of industrial raw materials

Industrialists urges government to allow import of industrial raw materials

Hearing on NRB governor’s case to continue today

Hearing on NRB governor’s case to continue today

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