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MARKET WATCH
Jul 29,2014
NEPSE
1070.05  -  -8.81
CRUDE OIL(/BARREL)
78.69  -  0.38
USD/NPR
96.51  -  0.04
GOLD(NPR / 10g)
45780  -  0
SILVER(NPR / 10g)
703  -  0
Home » News
29/7/2014
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FINANCIAL NEWS  >>
LATEST FROM MARKET PULSE  arrow
Nepal Rastra Bank has directed all A, B, and C class financial institutions to issue machine-readable chequebooks encoded with Magnetic Ink Character Recognition (MICR), a system...  [more...]
Nepal Rastra Bank (NRB) has planned to launch a series of instruments to mop up excess liquidity from the market and deposit collection is the first on its list. The move is in l...  [more...]
South Asian nations have agreed to establish a Saarc Development Bank. The bank is expected to finance infrastructure development in the region, which is grappling with poor infr...  [more...]
LATEST FROM STOCKS  arrow
The stock market saw greater fluctuations in the week — July 20 to 24 — hinting towards the possibility of the market stabilising after hefty gains in recent weeks. ...  [more...]
The country’s only secondary market set another record this week.Average daily turnover at Nepal Stock Exchange (Nepse), had been hovering at around Rs 400 million in Fisca...  [more...]
Nepal Stock Exchange (Nepse) recorded the highest ever single-day transaction of Rs 1.2 billion on Monday. The surge in the market turnover has been attributed to improved inv...  [more...]
LATEST FROM INSURANCE  arrow
The Ministry of Finance has started an investigation into possible irregularities at the Insurance Board (IB). A minister-level decision on July 20 formed a probe committee un...  [more...]
The Insurance Board (IB) has decided to permit micro-insurance under which insurance companies will be able to offer coverage of less than Rs 25,000. The IB plans to issue a direc...  [more...]
Nepal’s insurance sector will see an addition to the existing number of insurance companies with the state-run insurer readying to register a separate company for its non-lif...  [more...]
LATEST FROM REMITTANCE  arrow
The Western Union has announced a weekly promotion offering consumers to double their received money on the occasion of its twentieth anniversary of providing international money t...  [more...]
The migrant workers abroad are sending home about Rs 1.5 billion on an average each passing day. Nepal has received Rs 397.8 billion so far in last nine months since the fiscal ye...  [more...]
Civil Bank and Al Ansari Exchange of the United Arab Emirates (UAE) have signed an agreement to provide convenient and reliable remittance service to their customers. According to ...  [more...]
LATEST FROM FOREX/COMMODITY  arrow
After continuous fall more than one and half months, gold price has started to climb up. Price of the yellow metal has gone up by Rs 2,315 per 10 grams over the past fortnight. On...  [more...]
Nepali rupee gained 47 paisa against US dollar over the week as the Indian currency, with which the local currency is pegged, strengthened against the greenback. On the other hand,...  [more...]
Gold has lost Rs 2,300 per tola over a week in the domestic market on plunging prices in the international market. According to the Federation of Nepal Gold and Silver Dealers&rsq...  [more...]
LATEST FROM REAL ESTATE  arrow
"Implementation of plans and programmes and timely spending of development budget will determine overall result" At a time when the real estate sector was pinning ho...  [more...]
The Ministry of Urban Development (MoUD) has formed a commission to investigate cases of scam in the housing sector and look into problems faced by those living in housing and apar...  [more...]
The ongoing NLHDA Real Estate Expo 2014 have attracted a large number of visitors at Bhrikutimandap in the Capital, with the organisers claiming more than 75,000 people visited on ...  [more...]
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