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Nepali traders make global shocks from Iran conflict a pretext to jack up prices

Kathmandu, March 25 -- Rising tensions and conflict in the Middle East, particularly around the Strait of Hormuz, have disrupted energy supplies, significantly increasing global food costs. Attacks o... Read More


Rupee hits record low at Rs150.24 per dollar amid global turmoil

Kathmandu, March 23 -- The Nepali rupee plunged to an all-time low, with Nepal's central bank fixing the exchange rate at Rs150.24 per US dollar on Saturday. The currency depreciated by Rs1.72 agains... Read More


Kathmandu frets over cooking gas, but oil corporation says supply normal

Kathmandu, March 11 -- Across Asia, countries are scrambling to contain the economic fallout of the war in West Asia, as oil supplies face disruption and fuel prices continue to climb. On Tuesday, Th... Read More