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1 USD= 132.96 RUPEES.

US DOLLAR HAS BEEN STRONGER TO NEPLEASE...

Nepse crosses half century mark with impressive turnover.

Nepse crosses half century mark with impressive...

Monetary policy 2079/80

RecentMonetary policy 2079/80

Capital market

The nepse index,which was 2883.41 in mid-July 2021,stood at 2009.46 in mid July 2022,the stock market capitalization stood Rs 2869.34 billion.At mid-July 2021,market capitalization was Rs 4010.96 billion.

In the eleven months of 2021/2022 the securities Board of Nepal has approved the issues of debentures worth Rs 11.28 mutual funds worth Rs 6.90 billion,ordinary shares worth of Rs 6.51 billion,and right shares worth of Rs 3.46 billion.Altogether the total approval for the public issue of securities,stood at Rs 28.15 billion.

In the eleven months of 2021/2022,seven commercial banks have received approval from the securities board of Nepal to issue debentures worth Rs 10.88 billion and one development bank for Rs 400 million.By the end of mid-June 2022,BFI’s have mobilized Rs 123.76 billion through debentures.

INTEREST RATE

In mid-July 2021 the weighted average interest rate of 91 day treasury bills was 4.55 percent,which reached 10.66 percent in mid-july 2022.

The average base rate of commercial bank was 6.66 percent in mid June 2021,which reached 9.39 percent in mid June 2021,the weighted average lending rate was 8.46 percent which reached 11.54 percent in mid June 2022.

Source NEPAL RASTRA BANK official website

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