At a time when news reports have come, warning of economic slump in the country, the central bank of the country, Nepal Rastra Bank (NRB) has said overall economic status of the country was not in tailspin.

At a programme organized by Reporters’ Club in the federal capital on Thursday, Executive Director and Spokesperson at NRB Gunakar Bhatta viewed although the economy witnessed some stress due to liquidity and inflation, the pillars of economy were still strong. He admitted that Nepal’s economy had the impacts of Russia-Ukraine war. It affected our supply system, he added.

Bhatta further informed that although the foreign exchange reserve was slightly lower than the corresponding period of the last fiscal…


Read full article at ShareSansar.com


Leave a Reply

Your email address will not be published.


You May Also Like

Budget positive but challenging for implementation: NCC – |

Nepal Chamber of Commerce (NCC) has observed that the budget government brought…

NAV of Mega Mutual Fund 1 Stands Below Par Value in the Month of Baisakh – |

The NAV report of “Mega Mutual Fund 1 (MMF1)” has been unveiled…

Too Many Bad News in Single Day: NEPSE Loses 2.17% and Closes at 2,661.44 – |

The NEPSE index closed at 2,661.44 today after losing 58.99 points from…

SEBON Approves 5 More Institutional Investors to Participate in IPOs Via Book-Building Process – |

Securities Exchange Board of Nepal (SEBON) has chosen five more institutions to…

Last Day to Apply for IPO of Emerging Nepal Limited – |

Emerging Nepal Limited is closing its IPO issue today. Investors have till…