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			'summary' => 'July 12: Nepal exported goods worth Rs 185.84 billion in the first 11 months of the current fiscal year (FY 2021/22), 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;">July 12: Nepal exported goods worth Rs 185.84 billion in the first 11 months of the current fiscal year (FY 2021/22), 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 released by the central bank on Monday states that the exports during the review period increased by 53.3 percent against an increase of 37.8 percent in the corresponding period of last fiscal year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, exports to India and other countries increased by 61.8 percent and 30.1 respectively whereas exports to China declined by 21.4 percent. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, exports of palm oil, soybean oil, polyester yarn and thread, woolen carpets, zinc sheet, among others, increased whereas exports of cardamom, tea, medicine (ayurvedic), toothpaste, wire, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the first eleven months of 2021/22, merchandise imports increased 27.5 percent to Rs 1763.22 billion compared to an increase of 25.7 percent a year ago, the report added. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, imports from India, China and other countries increased 24.2 percent, 16.0 percent, and 46.1 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Imports of petroleum products, medicine, crude palm oil, gold, machinery and parts, among others, increased whereas imports of MS billet, chemical fertilizer, cement, rice/paddy, pulses, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Based on customs points, exports from Kanchanpur and Mechi customs offices decreased whereas exports from all the other major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">On the import side, imports from all the major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The report further said that the country&rsquo;s trade deficit increased 25.0 percent to Rs 1577.39 billion during the eleven months of 2021/22. Such a deficit had increased 24.6 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;">The export-import ratio increased to 10.5 percent in the review period from 8.8 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;">During the eleven months of 2021/22, merchandise imports from India by paying convertible foreign currency amounted to Rs 200.82 billion. Such amount was Rs 173.26 billion in the same period of the previous year.</span></span></p>

<p>&nbsp;</p>

<p>&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 released by the central bank on Monday states that the exports during the review period increased by 53.3 percent against an increase of 37.8 percent in the corresponding period of last fiscal year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, exports to India and other countries increased by 61.8 percent and 30.1 respectively whereas exports to China declined by 21.4 percent. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, exports of palm oil, soybean oil, polyester yarn and thread, woolen carpets, zinc sheet, among others, increased whereas exports of cardamom, tea, medicine (ayurvedic), toothpaste, wire, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the first eleven months of 2021/22, merchandise imports increased 27.5 percent to Rs 1763.22 billion compared to an increase of 25.7 percent a year ago, the report added. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, imports from India, China and other countries increased 24.2 percent, 16.0 percent, and 46.1 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Imports of petroleum products, medicine, crude palm oil, gold, machinery and parts, among others, increased whereas imports of MS billet, chemical fertilizer, cement, rice/paddy, pulses, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Based on customs points, exports from Kanchanpur and Mechi customs offices decreased whereas exports from all the other major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">On the import side, imports from all the major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The report further said that the country&rsquo;s trade deficit increased 25.0 percent to Rs 1577.39 billion during the eleven months of 2021/22. Such a deficit had increased 24.6 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;">The export-import ratio increased to 10.5 percent in the review period from 8.8 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;">During the eleven months of 2021/22, merchandise imports from India by paying convertible foreign currency amounted to Rs 200.82 billion. Such amount was Rs 173.26 billion in the same period of the previous year.</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]Code Context    $user = $this->Session->read('Auth.User');

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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 released by the central bank on Monday states that the exports during the review period increased by 53.3 percent against an increase of 37.8 percent in the corresponding period of last fiscal year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, exports to India and other countries increased by 61.8 percent and 30.1 respectively whereas exports to China declined by 21.4 percent. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, exports of palm oil, soybean oil, polyester yarn and thread, woolen carpets, zinc sheet, among others, increased whereas exports of cardamom, tea, medicine (ayurvedic), toothpaste, wire, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the first eleven months of 2021/22, merchandise imports increased 27.5 percent to Rs 1763.22 billion compared to an increase of 25.7 percent a year ago, the report added. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, imports from India, China and other countries increased 24.2 percent, 16.0 percent, and 46.1 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Imports of petroleum products, medicine, crude palm oil, gold, machinery and parts, among others, increased whereas imports of MS billet, chemical fertilizer, cement, rice/paddy, pulses, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Based on customs points, exports from Kanchanpur and Mechi customs offices decreased whereas exports from all the other major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">On the import side, imports from all the major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The report further said that the country&rsquo;s trade deficit increased 25.0 percent to Rs 1577.39 billion during the eleven months of 2021/22. Such a deficit had increased 24.6 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;">The export-import ratio increased to 10.5 percent in the review period from 8.8 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;">During the eleven months of 2021/22, merchandise imports from India by paying convertible foreign currency amounted to Rs 200.82 billion. Such amount was Rs 173.26 billion in the same period of the previous year.</span></span></p>

<p>&nbsp;</p>

<p>&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 released by the central bank on Monday states that the exports during the review period increased by 53.3 percent against an increase of 37.8 percent in the corresponding period of last fiscal year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, exports to India and other countries increased by 61.8 percent and 30.1 respectively whereas exports to China declined by 21.4 percent. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, exports of palm oil, soybean oil, polyester yarn and thread, woolen carpets, zinc sheet, among others, increased whereas exports of cardamom, tea, medicine (ayurvedic), toothpaste, wire, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the first eleven months of 2021/22, merchandise imports increased 27.5 percent to Rs 1763.22 billion compared to an increase of 25.7 percent a year ago, the report added. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, imports from India, China and other countries increased 24.2 percent, 16.0 percent, and 46.1 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Imports of petroleum products, medicine, crude palm oil, gold, machinery and parts, among others, increased whereas imports of MS billet, chemical fertilizer, cement, rice/paddy, pulses, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Based on customs points, exports from Kanchanpur and Mechi customs offices decreased whereas exports from all the other major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">On the import side, imports from all the major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The report further said that the country&rsquo;s trade deficit increased 25.0 percent to Rs 1577.39 billion during the eleven months of 2021/22. Such a deficit had increased 24.6 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;">The export-import ratio increased to 10.5 percent in the review period from 8.8 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;">During the eleven months of 2021/22, merchandise imports from India by paying convertible foreign currency amounted to Rs 200.82 billion. Such amount was Rs 173.26 billion in the same period of the previous year.</span></span></p>

<p>&nbsp;</p>

<p>&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 released by the central bank on Monday states that the exports during the review period increased by 53.3 percent against an increase of 37.8 percent in the corresponding period of last fiscal year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, exports to India and other countries increased by 61.8 percent and 30.1 respectively whereas exports to China declined by 21.4 percent. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, exports of palm oil, soybean oil, polyester yarn and thread, woolen carpets, zinc sheet, among others, increased whereas exports of cardamom, tea, medicine (ayurvedic), toothpaste, wire, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the first eleven months of 2021/22, merchandise imports increased 27.5 percent to Rs 1763.22 billion compared to an increase of 25.7 percent a year ago, the report added. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, imports from India, China and other countries increased 24.2 percent, 16.0 percent, and 46.1 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Imports of petroleum products, medicine, crude palm oil, gold, machinery and parts, among others, increased whereas imports of MS billet, chemical fertilizer, cement, rice/paddy, pulses, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Based on customs points, exports from Kanchanpur and Mechi customs offices decreased whereas exports from all the other major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">On the import side, imports from all the major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The report further said that the country&rsquo;s trade deficit increased 25.0 percent to Rs 1577.39 billion during the eleven months of 2021/22. Such a deficit had increased 24.6 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;">The export-import ratio increased to 10.5 percent in the review period from 8.8 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;">During the eleven months of 2021/22, merchandise imports from India by paying convertible foreign currency amounted to Rs 200.82 billion. Such amount was Rs 173.26 billion in the same period of the previous year.</span></span></p>

<p>&nbsp;</p>

<p>&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 released by the central bank on Monday states that the exports during the review period increased by 53.3 percent against an increase of 37.8 percent in the corresponding period of last fiscal year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, exports to India and other countries increased by 61.8 percent and 30.1 respectively whereas exports to China declined by 21.4 percent. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, exports of palm oil, soybean oil, polyester yarn and thread, woolen carpets, zinc sheet, among others, increased whereas exports of cardamom, tea, medicine (ayurvedic), toothpaste, wire, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the first eleven months of 2021/22, merchandise imports increased 27.5 percent to Rs 1763.22 billion compared to an increase of 25.7 percent a year ago, the report added. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, imports from India, China and other countries increased 24.2 percent, 16.0 percent, and 46.1 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Imports of petroleum products, medicine, crude palm oil, gold, machinery and parts, among others, increased whereas imports of MS billet, chemical fertilizer, cement, rice/paddy, pulses, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Based on customs points, exports from Kanchanpur and Mechi customs offices decreased whereas exports from all the other major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">On the import side, imports from all the major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The report further said that the country&rsquo;s trade deficit increased 25.0 percent to Rs 1577.39 billion during the eleven months of 2021/22. Such a deficit had increased 24.6 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;">The export-import ratio increased to 10.5 percent in the review period from 8.8 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;">During the eleven months of 2021/22, merchandise imports from India by paying convertible foreign currency amounted to Rs 200.82 billion. Such amount was Rs 173.26 billion in the same period of the previous year.</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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NEWS

Trade Deficit Increases despite Increase in Exports

Jul 12, 2022 2 min 32 sec to read

Notice (8): Undefined index: caption [APP/View/Articles/view.ctp, line 241]Code Context           

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			'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">July 12: Nepal exported goods worth Rs 185.84 billion in the first 11 months of the current fiscal year (FY 2021/22), 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 released by the central bank on Monday states that the exports during the review period increased by 53.3 percent against an increase of 37.8 percent in the corresponding period of last fiscal year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, exports to India and other countries increased by 61.8 percent and 30.1 respectively whereas exports to China declined by 21.4 percent. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, exports of palm oil, soybean oil, polyester yarn and thread, woolen carpets, zinc sheet, among others, increased whereas exports of cardamom, tea, medicine (ayurvedic), toothpaste, wire, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the first eleven months of 2021/22, merchandise imports increased 27.5 percent to Rs 1763.22 billion compared to an increase of 25.7 percent a year ago, the report added. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, imports from India, China and other countries increased 24.2 percent, 16.0 percent, and 46.1 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Imports of petroleum products, medicine, crude palm oil, gold, machinery and parts, among others, increased whereas imports of MS billet, chemical fertilizer, cement, rice/paddy, pulses, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Based on customs points, exports from Kanchanpur and Mechi customs offices decreased whereas exports from all the other major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">On the import side, imports from all the major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The report further said that the country&rsquo;s trade deficit increased 25.0 percent to Rs 1577.39 billion during the eleven months of 2021/22. Such a deficit had increased 24.6 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;">The export-import ratio increased to 10.5 percent in the review period from 8.8 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;">During the eleven months of 2021/22, merchandise imports from India by paying convertible foreign currency amounted to Rs 200.82 billion. Such amount was Rs 173.26 billion in the same period of the previous year.</span></span></p>

<p>&nbsp;</p>

<p>&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 released by the central bank on Monday states that the exports during the review period increased by 53.3 percent against an increase of 37.8 percent in the corresponding period of last fiscal year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, exports to India and other countries increased by 61.8 percent and 30.1 respectively whereas exports to China declined by 21.4 percent. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, exports of palm oil, soybean oil, polyester yarn and thread, woolen carpets, zinc sheet, among others, increased whereas exports of cardamom, tea, medicine (ayurvedic), toothpaste, wire, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the first eleven months of 2021/22, merchandise imports increased 27.5 percent to Rs 1763.22 billion compared to an increase of 25.7 percent a year ago, the report added. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, imports from India, China and other countries increased 24.2 percent, 16.0 percent, and 46.1 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Imports of petroleum products, medicine, crude palm oil, gold, machinery and parts, among others, increased whereas imports of MS billet, chemical fertilizer, cement, rice/paddy, pulses, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Based on customs points, exports from Kanchanpur and Mechi customs offices decreased whereas exports from all the other major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">On the import side, imports from all the major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The report further said that the country&rsquo;s trade deficit increased 25.0 percent to Rs 1577.39 billion during the eleven months of 2021/22. Such a deficit had increased 24.6 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;">The export-import ratio increased to 10.5 percent in the review period from 8.8 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;">During the eleven months of 2021/22, merchandise imports from India by paying convertible foreign currency amounted to Rs 200.82 billion. Such amount was Rs 173.26 billion in the same period of the previous year.</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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July 12: Nepal exported goods worth Rs 185.84 billion in the first 11 months of the current fiscal year (FY 2021/22), according to the latest report of Nepal Rastra Bank (NRB).

The Current Macroeconomic and Financial Situation Report released by the central bank on Monday states that the exports during the review period increased by 53.3 percent against an increase of 37.8 percent in the corresponding period of last fiscal year.

Destination-wise, exports to India and other countries increased by 61.8 percent and 30.1 respectively whereas exports to China declined by 21.4 percent.

According to the report, exports of palm oil, soybean oil, polyester yarn and thread, woolen carpets, zinc sheet, among others, increased whereas exports of cardamom, tea, medicine (ayurvedic), toothpaste, wire, among others, decreased in the review period.

During the first eleven months of 2021/22, merchandise imports increased 27.5 percent to Rs 1763.22 billion compared to an increase of 25.7 percent a year ago, the report added.

Destination-wise, imports from India, China and other countries increased 24.2 percent, 16.0 percent, and 46.1 percent respectively.

Imports of petroleum products, medicine, crude palm oil, gold, machinery and parts, among others, increased whereas imports of MS billet, chemical fertilizer, cement, rice/paddy, pulses, among others, decreased in the review period.

Based on customs points, exports from Kanchanpur and Mechi customs offices decreased whereas exports from all the other major customs points increased in the review period.

On the import side, imports from all the major customs points increased in the review period.

The report further said that the country’s trade deficit increased 25.0 percent to Rs 1577.39 billion during the eleven months of 2021/22. Such a deficit had increased 24.6 percent in the corresponding period of the previous year.

The export-import ratio increased to 10.5 percent in the review period from 8.8 percent in the corresponding period of the previous year.

During the eleven months of 2021/22, merchandise imports from India by paying convertible foreign currency amounted to Rs 200.82 billion. Such amount was Rs 173.26 billion in the same period of the previous year.

Complaint Filed at CIAA Against Kulman Ghising

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No Laughing Matter

The Sweet Rewards of Power

By Madan Lamsal

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NEPSE

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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 released by the central bank on Monday states that the exports during the review period increased by 53.3 percent against an increase of 37.8 percent in the corresponding period of last fiscal year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, exports to India and other countries increased by 61.8 percent and 30.1 respectively whereas exports to China declined by 21.4 percent. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, exports of palm oil, soybean oil, polyester yarn and thread, woolen carpets, zinc sheet, among others, increased whereas exports of cardamom, tea, medicine (ayurvedic), toothpaste, wire, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the first eleven months of 2021/22, merchandise imports increased 27.5 percent to Rs 1763.22 billion compared to an increase of 25.7 percent a year ago, the report added. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, imports from India, China and other countries increased 24.2 percent, 16.0 percent, and 46.1 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Imports of petroleum products, medicine, crude palm oil, gold, machinery and parts, among others, increased whereas imports of MS billet, chemical fertilizer, cement, rice/paddy, pulses, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Based on customs points, exports from Kanchanpur and Mechi customs offices decreased whereas exports from all the other major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">On the import side, imports from all the major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The report further said that the country&rsquo;s trade deficit increased 25.0 percent to Rs 1577.39 billion during the eleven months of 2021/22. Such a deficit had increased 24.6 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;">The export-import ratio increased to 10.5 percent in the review period from 8.8 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;">During the eleven months of 2021/22, merchandise imports from India by paying convertible foreign currency amounted to Rs 200.82 billion. Such amount was Rs 173.26 billion in the same period of the previous year.</span></span></p>

<p>&nbsp;</p>

<p>&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 released by the central bank on Monday states that the exports during the review period increased by 53.3 percent against an increase of 37.8 percent in the corresponding period of last fiscal year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, exports to India and other countries increased by 61.8 percent and 30.1 respectively whereas exports to China declined by 21.4 percent. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, exports of palm oil, soybean oil, polyester yarn and thread, woolen carpets, zinc sheet, among others, increased whereas exports of cardamom, tea, medicine (ayurvedic), toothpaste, wire, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the first eleven months of 2021/22, merchandise imports increased 27.5 percent to Rs 1763.22 billion compared to an increase of 25.7 percent a year ago, the report added. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, imports from India, China and other countries increased 24.2 percent, 16.0 percent, and 46.1 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Imports of petroleum products, medicine, crude palm oil, gold, machinery and parts, among others, increased whereas imports of MS billet, chemical fertilizer, cement, rice/paddy, pulses, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Based on customs points, exports from Kanchanpur and Mechi customs offices decreased whereas exports from all the other major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">On the import side, imports from all the major customs points increased in the review period. </span></span></p>

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<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, exports to India and other countries increased by 61.8 percent and 30.1 respectively whereas exports to China declined by 21.4 percent. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, exports of palm oil, soybean oil, polyester yarn and thread, woolen carpets, zinc sheet, among others, increased whereas exports of cardamom, tea, medicine (ayurvedic), toothpaste, wire, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the first eleven months of 2021/22, merchandise imports increased 27.5 percent to Rs 1763.22 billion compared to an increase of 25.7 percent a year ago, the report added. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, imports from India, China and other countries increased 24.2 percent, 16.0 percent, and 46.1 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Imports of petroleum products, medicine, crude palm oil, gold, machinery and parts, among others, increased whereas imports of MS billet, chemical fertilizer, cement, rice/paddy, pulses, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Based on customs points, exports from Kanchanpur and Mechi customs offices decreased whereas exports from all the other major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">On the import side, imports from all the major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The report further said that the country&rsquo;s trade deficit increased 25.0 percent to Rs 1577.39 billion during the eleven months of 2021/22. Such a deficit had increased 24.6 percent in the corresponding period of the previous year. </span></span></p>

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<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the eleven months of 2021/22, merchandise imports from India by paying convertible foreign currency amounted to Rs 200.82 billion. Such amount was Rs 173.26 billion in the same period of the previous year.</span></span></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 released by the central bank on Monday states that the exports during the review period increased by 53.3 percent against an increase of 37.8 percent in the corresponding period of last fiscal year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, exports to India and other countries increased by 61.8 percent and 30.1 respectively whereas exports to China declined by 21.4 percent. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, exports of palm oil, soybean oil, polyester yarn and thread, woolen carpets, zinc sheet, among others, increased whereas exports of cardamom, tea, medicine (ayurvedic), toothpaste, wire, among others, decreased in the review period. </span></span></p>

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<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Imports of petroleum products, medicine, crude palm oil, gold, machinery and parts, among others, increased whereas imports of MS billet, chemical fertilizer, cement, rice/paddy, pulses, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Based on customs points, exports from Kanchanpur and Mechi customs offices decreased whereas exports from all the other major customs points increased in the review period. </span></span></p>

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<p>&nbsp;</p>

<p>&nbsp;</p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, exports to India and other countries increased by 61.8 percent and 30.1 respectively whereas exports to China declined by 21.4 percent. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, exports of palm oil, soybean oil, polyester yarn and thread, woolen carpets, zinc sheet, among others, increased whereas exports of cardamom, tea, medicine (ayurvedic), toothpaste, wire, among others, decreased in the review period. </span></span></p>

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<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, imports from India, China and other countries increased 24.2 percent, 16.0 percent, and 46.1 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Imports of petroleum products, medicine, crude palm oil, gold, machinery and parts, among others, increased whereas imports of MS billet, chemical fertilizer, cement, rice/paddy, pulses, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Based on customs points, exports from Kanchanpur and Mechi customs offices decreased whereas exports from all the other major customs points increased in the review period. </span></span></p>

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<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The report further said that the country&rsquo;s trade deficit increased 25.0 percent to Rs 1577.39 billion during the eleven months of 2021/22. Such a deficit had increased 24.6 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;">The export-import ratio increased to 10.5 percent in the review period from 8.8 percent in the corresponding period of the previous year. </span></span></p>

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<p>&nbsp;</p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, exports to India and other countries increased by 61.8 percent and 30.1 respectively whereas exports to China declined by 21.4 percent. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, exports of palm oil, soybean oil, polyester yarn and thread, woolen carpets, zinc sheet, among others, increased whereas exports of cardamom, tea, medicine (ayurvedic), toothpaste, wire, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the first eleven months of 2021/22, merchandise imports increased 27.5 percent to Rs 1763.22 billion compared to an increase of 25.7 percent a year ago, the report added. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, imports from India, China and other countries increased 24.2 percent, 16.0 percent, and 46.1 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Imports of petroleum products, medicine, crude palm oil, gold, machinery and parts, among others, increased whereas imports of MS billet, chemical fertilizer, cement, rice/paddy, pulses, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Based on customs points, exports from Kanchanpur and Mechi customs offices decreased whereas exports from all the other major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">On the import side, imports from all the major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The report further said that the country&rsquo;s trade deficit increased 25.0 percent to Rs 1577.39 billion during the eleven months of 2021/22. Such a deficit had increased 24.6 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;">The export-import ratio increased to 10.5 percent in the review period from 8.8 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;">During the eleven months of 2021/22, merchandise imports from India by paying convertible foreign currency amounted to Rs 200.82 billion. Such amount was Rs 173.26 billion in the same period of the previous year.</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, exports to India and other countries increased by 61.8 percent and 30.1 respectively whereas exports to China declined by 21.4 percent. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, exports of palm oil, soybean oil, polyester yarn and thread, woolen carpets, zinc sheet, among others, increased whereas exports of cardamom, tea, medicine (ayurvedic), toothpaste, wire, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the first eleven months of 2021/22, merchandise imports increased 27.5 percent to Rs 1763.22 billion compared to an increase of 25.7 percent a year ago, the report added. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, imports from India, China and other countries increased 24.2 percent, 16.0 percent, and 46.1 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Imports of petroleum products, medicine, crude palm oil, gold, machinery and parts, among others, increased whereas imports of MS billet, chemical fertilizer, cement, rice/paddy, pulses, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Based on customs points, exports from Kanchanpur and Mechi customs offices decreased whereas exports from all the other major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">On the import side, imports from all the major customs points increased in the review period. </span></span></p>

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		'title' => 'Trade Deficit Increases despite Increase in Exports',
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		'summary' => 'July 12: Nepal exported goods worth Rs 185.84 billion in the first 11 months of the current fiscal year (FY 2021/22), 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;">July 12: Nepal exported goods worth Rs 185.84 billion in the first 11 months of the current fiscal year (FY 2021/22), 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 released by the central bank on Monday states that the exports during the review period increased by 53.3 percent against an increase of 37.8 percent in the corresponding period of last fiscal year.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, exports to India and other countries increased by 61.8 percent and 30.1 respectively whereas exports to China declined by 21.4 percent. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">According to the report, exports of palm oil, soybean oil, polyester yarn and thread, woolen carpets, zinc sheet, among others, increased whereas exports of cardamom, tea, medicine (ayurvedic), toothpaste, wire, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">During the first eleven months of 2021/22, merchandise imports increased 27.5 percent to Rs 1763.22 billion compared to an increase of 25.7 percent a year ago, the report added. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Destination-wise, imports from India, China and other countries increased 24.2 percent, 16.0 percent, and 46.1 percent respectively.</span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Imports of petroleum products, medicine, crude palm oil, gold, machinery and parts, among others, increased whereas imports of MS billet, chemical fertilizer, cement, rice/paddy, pulses, among others, decreased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">Based on customs points, exports from Kanchanpur and Mechi customs offices decreased whereas exports from all the other major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">On the import side, imports from all the major customs points increased in the review period. </span></span></p>

<p><span style="font-size:18px"><span style="font-family:Calibri,&quot;sans-serif&quot;">The report further said that the country&rsquo;s trade deficit increased 25.0 percent to Rs 1577.39 billion during the eleven months of 2021/22. Such a deficit had increased 24.6 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;">The export-import ratio increased to 10.5 percent in the review period from 8.8 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;">During the eleven months of 2021/22, merchandise imports from India by paying convertible foreign currency amounted to Rs 200.82 billion. Such amount was Rs 173.26 billion in the same period of the previous year.</span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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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

Update : 2020-03-25

Trade Deficit Increases despite Increase in Exports

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