Remittance

Remittance Inflow Surges to Rs 1327.51 Billion in Current FY

Jul 11, 2024 0 1 minutes 13 seconds to read

KATHMANDU: Remittance inflow to Nepal in the first eleven months of the current fiscal year has reached Rs 1327.51 billion, according to the latest report of Nepal Rastra Bank…

Inflow of Remittance Declines by 1.7 Percent

Apr 13, 2022 0 1 minutes 22 seconds to read

April 13: Inflow of remittance decreased 1.7 percent to Rs 631.19 billion in the eighth month of the current fiscal year against an increase of 8.7 percent in the corresponding period of the previous…

Nepali Passport Ranks among the Weakest in the World

Apr 11, 2022 0 2 minutes 49 seconds to read

April 11: Henley & Partners, a British citizenship and housing consultancy, has ranked Nepal's passport as one of the weakest in the…

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<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Current Macroeconomic and Financial Situation Report unveiled by the NRB on Wednesday mentions that the remittance inflow increased 19.3 percent in the review period compared to an increase of 22.7 percent in the same period of the previous year. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">In the US Dollar terms, remittance inflows increased 17.3 percent to 9.98 billion in the review period compared to an increase of 13.0 percent in the same period of the previous year. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the NRB report, the number of Nepali workers, both institutional and individuals, taking first-time approval for foreign employment stood at 422,936 in the review period. Those taking approval for renew entry was 262,705. In the previous year, such numbers were 459,415 and 260,262 respectively. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Similarly, net transfer increased 17.3 percent to Rs 1443.06 billion in the review period. Such a transfer had increased 21.9 percent in the same period of the previous year, according to the report.</span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">In the US dollar terms, inflow of remittance decreased 3.0 percent to 5.28 billion in the review period against an increase of 5.0 percent in the same period of the previous year, according to the Current Macroeconomic and Financial Situation Report prepared by Nepal Rastra Bank. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, the number of Nepali workers taking approval for foreign employment increased significantly to 227,900 in the review period. The number includes both institutional and individual applicants. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The number of applicants had decreased 82.9 percent in the same period of the previous year. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Likewise, the number of Nepali workers renewing approval for foreign employment increased 240.9 percent to 178,262 in the review period. It had decreased 70.2 percent in the same period of the previous year, according to the central bank&rsquo;s report. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Similarly, the net transfer decreased 2.0 percent to Rs 704.33 billion in the review period. Such a transfer had increased 7.2 percent in the same period of the previous year.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The global passport index, released on Sunday by Henley &amp; Partners, has ranked Nepali passport 106th. According to the list, the Nepali passport ranks seventh form the bottom of the list.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Nepal ranks 106th in the list of 112 countries. The organization has also ranked Palestinian territory and Nepal at the same ranking. Nepal&#39;s passport is eligible for on-arrival visa in 37 countries. In other words, Nepali passport holders can travel to only 37 countries without a visa. In this respect, Nepal is even weaker than North Korea. North Korean passport, which is just above Nepal in the list, is eligible to receive online visa in 39 countries.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The Nepali passport is ranked higher than Somalia, Yemen, Pakistan, Syria, Iraq, and Afghanistan which rank between 107th to 112th respectively. Last year, Nepal was ranked 109th with visa on arrival accessibility in 38 countries. A total of 116 countries and territories had been listed during last year, but this year the number has come down to 112.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">This year, as in previous years, the Japanese passport is ranked the highest. Japanese passport holders are allowed to enter 192 countries without a visa. Along with Japan, Singapore is also in the top spot. Second, on the list are South Korea and Germany. Passports holders from both the countries are issued on-arrival visas in 190 countries.&nbsp;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Finland, Italy, Luxembourg, and Spain are ranked joint third followed by Austria, Denmark, the Netherlands, and Sweden. The UK is in fifth place with Portugal, Ireland, and France. The United States is in the list of the world&#39;s sixth most powerful passports, along with Switzerland, Norway, New Zealand, and Belgium. India ranks 84th in the list while China ranks 66th.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Sri Lanka, currently facing the worst economic crisis, ranks 103rd in the list of countries. Bangladesh and Pakistan are ranked 104th and 109th respectively. Afghanistan is at the bottom of the list.</span></span></span></span></p>

<p><br />
<br />
&nbsp;</p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Current Macroeconomic and Financial Situation Report unveiled by the NRB on Wednesday mentions that the remittance inflow increased 19.3 percent in the review period compared to an increase of 22.7 percent in the same period of the previous year. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">In the US Dollar terms, remittance inflows increased 17.3 percent to 9.98 billion in the review period compared to an increase of 13.0 percent in the same period of the previous year. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the NRB report, the number of Nepali workers, both institutional and individuals, taking first-time approval for foreign employment stood at 422,936 in the review period. Those taking approval for renew entry was 262,705. In the previous year, such numbers were 459,415 and 260,262 respectively. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Similarly, net transfer increased 17.3 percent to Rs 1443.06 billion in the review period. Such a transfer had increased 21.9 percent in the same period of the previous year, according to the report.</span></span></p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">In the US dollar terms, inflow of remittance decreased 3.0 percent to 5.28 billion in the review period against an increase of 5.0 percent in the same period of the previous year, according to the Current Macroeconomic and Financial Situation Report prepared by Nepal Rastra Bank. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, the number of Nepali workers taking approval for foreign employment increased significantly to 227,900 in the review period. The number includes both institutional and individual applicants. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The number of applicants had decreased 82.9 percent in the same period of the previous year. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Likewise, the number of Nepali workers renewing approval for foreign employment increased 240.9 percent to 178,262 in the review period. It had decreased 70.2 percent in the same period of the previous year, according to the central bank&rsquo;s report. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Similarly, the net transfer decreased 2.0 percent to Rs 704.33 billion in the review period. Such a transfer had increased 7.2 percent in the same period of the previous year.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The global passport index, released on Sunday by Henley &amp; Partners, has ranked Nepali passport 106th. According to the list, the Nepali passport ranks seventh form the bottom of the list.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Nepal ranks 106th in the list of 112 countries. The organization has also ranked Palestinian territory and Nepal at the same ranking. Nepal&#39;s passport is eligible for on-arrival visa in 37 countries. In other words, Nepali passport holders can travel to only 37 countries without a visa. In this respect, Nepal is even weaker than North Korea. North Korean passport, which is just above Nepal in the list, is eligible to receive online visa in 39 countries.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The Nepali passport is ranked higher than Somalia, Yemen, Pakistan, Syria, Iraq, and Afghanistan which rank between 107th to 112th respectively. Last year, Nepal was ranked 109th with visa on arrival accessibility in 38 countries. A total of 116 countries and territories had been listed during last year, but this year the number has come down to 112.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">This year, as in previous years, the Japanese passport is ranked the highest. Japanese passport holders are allowed to enter 192 countries without a visa. Along with Japan, Singapore is also in the top spot. Second, on the list are South Korea and Germany. Passports holders from both the countries are issued on-arrival visas in 190 countries.&nbsp;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Finland, Italy, Luxembourg, and Spain are ranked joint third followed by Austria, Denmark, the Netherlands, and Sweden. The UK is in fifth place with Portugal, Ireland, and France. The United States is in the list of the world&#39;s sixth most powerful passports, along with Switzerland, Norway, New Zealand, and Belgium. India ranks 84th in the list while China ranks 66th.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Sri Lanka, currently facing the worst economic crisis, ranks 103rd in the list of countries. Bangladesh and Pakistan are ranked 104th and 109th respectively. Afghanistan is at the bottom of the list.</span></span></span></span></p>

<p><br />
<br />
&nbsp;</p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Current Macroeconomic and Financial Situation Report unveiled by the NRB on Wednesday mentions that the remittance inflow increased 19.3 percent in the review period compared to an increase of 22.7 percent in the same period of the previous year. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">In the US Dollar terms, remittance inflows increased 17.3 percent to 9.98 billion in the review period compared to an increase of 13.0 percent in the same period of the previous year. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the NRB report, the number of Nepali workers, both institutional and individuals, taking first-time approval for foreign employment stood at 422,936 in the review period. Those taking approval for renew entry was 262,705. In the previous year, such numbers were 459,415 and 260,262 respectively. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Similarly, net transfer increased 17.3 percent to Rs 1443.06 billion in the review period. Such a transfer had increased 21.9 percent in the same period of the previous year, according to the report.</span></span></p>
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			'title' => 'Inflow of Remittance Declines by 1.7 Percent',
			'sub_title' => '',
			'summary' => 'April  13: Inflow of remittance decreased 1.7 percent to Rs 631.19 billion in the eighth month of the current fiscal year against an increase of 8.7 percent in the corresponding period of the previous year.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">April&nbsp; 13: Inflow of remittance decreased 1.7 percent to Rs 631.19 billion in the eighth month of the current fiscal year against an increase of 8.7 percent in the corresponding period of the previous year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">In the US dollar terms, inflow of remittance decreased 3.0 percent to 5.28 billion in the review period against an increase of 5.0 percent in the same period of the previous year, according to the Current Macroeconomic and Financial Situation Report prepared by Nepal Rastra Bank. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, the number of Nepali workers taking approval for foreign employment increased significantly to 227,900 in the review period. The number includes both institutional and individual applicants. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The number of applicants had decreased 82.9 percent in the same period of the previous year. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Likewise, the number of Nepali workers renewing approval for foreign employment increased 240.9 percent to 178,262 in the review period. It had decreased 70.2 percent in the same period of the previous year, according to the central bank&rsquo;s report. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Similarly, the net transfer decreased 2.0 percent to Rs 704.33 billion in the review period. Such a transfer had increased 7.2 percent in the same period of the previous year.</span></span></p>
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			'title' => 'Nepali Passport Ranks among the Weakest in the World',
			'sub_title' => '',
			'summary' => 'April 11: Henley & Partners, a British citizenship and housing consultancy, has ranked Nepal's passport as one of the weakest in the world.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">April 11: Henley &amp; Partners, a British citizenship and housing consultancy, has ranked Nepal&#39;s passport as one of the weakest in the world.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The global passport index, released on Sunday by Henley &amp; Partners, has ranked Nepali passport 106th. According to the list, the Nepali passport ranks seventh form the bottom of the list.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Nepal ranks 106th in the list of 112 countries. The organization has also ranked Palestinian territory and Nepal at the same ranking. Nepal&#39;s passport is eligible for on-arrival visa in 37 countries. In other words, Nepali passport holders can travel to only 37 countries without a visa. In this respect, Nepal is even weaker than North Korea. North Korean passport, which is just above Nepal in the list, is eligible to receive online visa in 39 countries.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The Nepali passport is ranked higher than Somalia, Yemen, Pakistan, Syria, Iraq, and Afghanistan which rank between 107th to 112th respectively. Last year, Nepal was ranked 109th with visa on arrival accessibility in 38 countries. A total of 116 countries and territories had been listed during last year, but this year the number has come down to 112.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">This year, as in previous years, the Japanese passport is ranked the highest. Japanese passport holders are allowed to enter 192 countries without a visa. Along with Japan, Singapore is also in the top spot. Second, on the list are South Korea and Germany. Passports holders from both the countries are issued on-arrival visas in 190 countries.&nbsp;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Finland, Italy, Luxembourg, and Spain are ranked joint third followed by Austria, Denmark, the Netherlands, and Sweden. The UK is in fifth place with Portugal, Ireland, and France. The United States is in the list of the world&#39;s sixth most powerful passports, along with Switzerland, Norway, New Zealand, and Belgium. India ranks 84th in the list while China ranks 66th.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Sri Lanka, currently facing the worst economic crisis, ranks 103rd in the list of countries. Bangladesh and Pakistan are ranked 104th and 109th respectively. Afghanistan is at the bottom of the list.</span></span></span></span></p>

<p><br />
<br />
&nbsp;</p>
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			'title' => 'Remittance Inflow Surges to Rs 1327.51 Billion in Current FY',
			'sub_title' => '',
			'summary' => 'KATHMANDU: Remittance inflow to Nepal in the first eleven months of the current fiscal year has reached Rs 1327.51 billion, according to the latest report of Nepal Rastra Bank (NRB).',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">KATHMANDU: Remittance inflow to Nepal in the first eleven months of the current fiscal year has reached Rs 1327.51 billion, according to the latest report of Nepal Rastra Bank (NRB). </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The Current Macroeconomic and Financial Situation Report unveiled by the NRB on Wednesday mentions that the remittance inflow increased 19.3 percent in the review period compared to an increase of 22.7 percent in the same period of the previous year. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">In the US Dollar terms, remittance inflows increased 17.3 percent to 9.98 billion in the review period compared to an increase of 13.0 percent in the same period of the previous year. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the NRB report, the number of Nepali workers, both institutional and individuals, taking first-time approval for foreign employment stood at 422,936 in the review period. Those taking approval for renew entry was 262,705. In the previous year, such numbers were 459,415 and 260,262 respectively. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Similarly, net transfer increased 17.3 percent to Rs 1443.06 billion in the review period. Such a transfer had increased 21.9 percent in the same period of the previous year, according to the report.</span></span></p>
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			'summary' => 'April  13: Inflow of remittance decreased 1.7 percent to Rs 631.19 billion in the eighth month of the current fiscal year against an increase of 8.7 percent in the corresponding period of the previous year.',
			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">April&nbsp; 13: Inflow of remittance decreased 1.7 percent to Rs 631.19 billion in the eighth month of the current fiscal year against an increase of 8.7 percent in the corresponding period of the previous year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">In the US dollar terms, inflow of remittance decreased 3.0 percent to 5.28 billion in the review period against an increase of 5.0 percent in the same period of the previous year, according to the Current Macroeconomic and Financial Situation Report prepared by Nepal Rastra Bank. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, the number of Nepali workers taking approval for foreign employment increased significantly to 227,900 in the review period. The number includes both institutional and individual applicants. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The number of applicants had decreased 82.9 percent in the same period of the previous year. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Likewise, the number of Nepali workers renewing approval for foreign employment increased 240.9 percent to 178,262 in the review period. It had decreased 70.2 percent in the same period of the previous year, according to the central bank&rsquo;s report. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Similarly, the net transfer decreased 2.0 percent to Rs 704.33 billion in the review period. Such a transfer had increased 7.2 percent in the same period of the previous year.</span></span></p>
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			'summary' => 'April 11: Henley & Partners, a British citizenship and housing consultancy, has ranked Nepal's passport as one of the weakest in the world.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">April 11: Henley &amp; Partners, a British citizenship and housing consultancy, has ranked Nepal&#39;s passport as one of the weakest in the world.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The global passport index, released on Sunday by Henley &amp; Partners, has ranked Nepali passport 106th. According to the list, the Nepali passport ranks seventh form the bottom of the list.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Nepal ranks 106th in the list of 112 countries. The organization has also ranked Palestinian territory and Nepal at the same ranking. Nepal&#39;s passport is eligible for on-arrival visa in 37 countries. In other words, Nepali passport holders can travel to only 37 countries without a visa. In this respect, Nepal is even weaker than North Korea. North Korean passport, which is just above Nepal in the list, is eligible to receive online visa in 39 countries.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">The Nepali passport is ranked higher than Somalia, Yemen, Pakistan, Syria, Iraq, and Afghanistan which rank between 107th to 112th respectively. Last year, Nepal was ranked 109th with visa on arrival accessibility in 38 countries. A total of 116 countries and territories had been listed during last year, but this year the number has come down to 112.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">This year, as in previous years, the Japanese passport is ranked the highest. Japanese passport holders are allowed to enter 192 countries without a visa. Along with Japan, Singapore is also in the top spot. Second, on the list are South Korea and Germany. Passports holders from both the countries are issued on-arrival visas in 190 countries.&nbsp;</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Finland, Italy, Luxembourg, and Spain are ranked joint third followed by Austria, Denmark, the Netherlands, and Sweden. The UK is in fifth place with Portugal, Ireland, and France. The United States is in the list of the world&#39;s sixth most powerful passports, along with Switzerland, Norway, New Zealand, and Belgium. India ranks 84th in the list while China ranks 66th.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri,&quot;sans-serif&quot;"><span style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,&quot;serif&quot;">Sri Lanka, currently facing the worst economic crisis, ranks 103rd in the list of countries. Bangladesh and Pakistan are ranked 104th and 109th respectively. Afghanistan is at the bottom of the list.</span></span></span></span></p>

<p><br />
<br />
&nbsp;</p>
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file not found!

Latest

173 People Die in Disaster Incidents since June 10

Crusher Federation Urges PM Oli for Industry Renewal

Prime Minister Calls for Enhancing 'Hello Sarkar' Service

Bardiya National Park Sees Increase in Tourist Arrivals

Experts, Manpower Agencies at Odds Over Draft of Labour Migration Policy

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BFIN to Host Conference in Kathmandu on Wednesday

Price of Gold Reaches All-Time High in Nepal

FOREX

Currency	Unit	Buy	Sell
U.S. Dollar	1	121.23	121.83
European Euro	1	131.65	132.31
UK Pound Sterling	1	142.47	143.18
Swiss Franc	1	124.29	124.90
Australian Dollar	1	71.69	72.05
Canadian Dollar	1	83.90	84.32
Japanese Yen	10	10.94	11.00
Chinese Yuan	1	17.17	17.26
Saudi Arabian Riyal	1	32.27	32.43
UAE Dirham	1	33.01	33.17
Malaysian Ringgit	1	27.36	27.50
South Korean Won	100	9.77	9.82

Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)

Bullion

Fine Gold	1 tola	77000.00
Tejabi Gold	1 tola	76700.00
Silver	1 tola	720.00

Update : 2020-03-25

Source: Federation of Nepal Gold and Silver Dealers' Association

Petroleum

Petrol	1 Liter	106.00
Diesel	1 Liter	95.00
Kerosene	1 Liter	95.00
LP Gas	1 Cylinder	1375.00