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<p>The bank faced a loss of Rs 22.83 billion in foreign exchange revaluation and Rs 3.87 billion in gold transaction in the last FY.</p>
<p>The net loss went down to Rs 7 billion after the bank adjusted the loss with profit earned from investment in internal market, according to the report published by the bank.</p>
<p>According to the statistics of the bank, the net income of NRB stood at Rs 23.17 billion in the FY 2012/13 while it went down to Rs 12.7 billion in the FY 2014/15. The bank had earned Rs 37.76 billion profit in the FY 2015/16 but faced net loss of Rs 7 billion in the FY 2016/17.</p>
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'content' => '<p>April 27: Nepal Rastra Bank faced a net loss of Rs 7.50 billion in the last fiscal year. Despite the fact that the central bank is a non profit organisation, it had earned net profit for four consecutive years.</p>
<p>The bank faced a loss of Rs 22.83 billion in foreign exchange revaluation and Rs 3.87 billion in gold transaction in the last FY.</p>
<p>The net loss went down to Rs 7 billion after the bank adjusted the loss with profit earned from investment in internal market, according to the report published by the bank.</p>
<p>According to the statistics of the bank, the net income of NRB stood at Rs 23.17 billion in the FY 2012/13 while it went down to Rs 12.7 billion in the FY 2014/15. The bank had earned Rs 37.76 billion profit in the FY 2015/16 but faced net loss of Rs 7 billion in the FY 2016/17.</p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
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'content' => '<p>April 27: Nepal Rastra Bank faced a net loss of Rs 7.50 billion in the last fiscal year. Despite the fact that the central bank is a non profit organisation, it had earned net profit for four consecutive years.</p>
<p>The bank faced a loss of Rs 22.83 billion in foreign exchange revaluation and Rs 3.87 billion in gold transaction in the last FY.</p>
<p>The net loss went down to Rs 7 billion after the bank adjusted the loss with profit earned from investment in internal market, according to the report published by the bank.</p>
<p>According to the statistics of the bank, the net income of NRB stood at Rs 23.17 billion in the FY 2012/13 while it went down to Rs 12.7 billion in the FY 2014/15. The bank had earned Rs 37.76 billion profit in the FY 2015/16 but faced net loss of Rs 7 billion in the FY 2016/17.</p>
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<p>The bank faced a loss of Rs 22.83 billion in foreign exchange revaluation and Rs 3.87 billion in gold transaction in the last FY.</p>
<p>The net loss went down to Rs 7 billion after the bank adjusted the loss with profit earned from investment in internal market, according to the report published by the bank.</p>
<p>According to the statistics of the bank, the net income of NRB stood at Rs 23.17 billion in the FY 2012/13 while it went down to Rs 12.7 billion in the FY 2014/15. The bank had earned Rs 37.76 billion profit in the FY 2015/16 but faced net loss of Rs 7 billion in the FY 2016/17.</p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
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<p>The bank faced a loss of Rs 22.83 billion in foreign exchange revaluation and Rs 3.87 billion in gold transaction in the last FY.</p>
<p>The net loss went down to Rs 7 billion after the bank adjusted the loss with profit earned from investment in internal market, according to the report published by the bank.</p>
<p>According to the statistics of the bank, the net income of NRB stood at Rs 23.17 billion in the FY 2012/13 while it went down to Rs 12.7 billion in the FY 2014/15. The bank had earned Rs 37.76 billion profit in the FY 2015/16 but faced net loss of Rs 7 billion in the FY 2016/17.</p>
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'content' => '<p>April 27: Nepal Rastra Bank faced a net loss of Rs 7.50 billion in the last fiscal year. Despite the fact that the central bank is a non profit organisation, it had earned net profit for four consecutive years.</p>
<p>The bank faced a loss of Rs 22.83 billion in foreign exchange revaluation and Rs 3.87 billion in gold transaction in the last FY.</p>
<p>The net loss went down to Rs 7 billion after the bank adjusted the loss with profit earned from investment in internal market, according to the report published by the bank.</p>
<p>According to the statistics of the bank, the net income of NRB stood at Rs 23.17 billion in the FY 2012/13 while it went down to Rs 12.7 billion in the FY 2014/15. The bank had earned Rs 37.76 billion profit in the FY 2015/16 but faced net loss of Rs 7 billion in the FY 2016/17.</p>
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include - APP/View/Articles/view.ctp, line 116
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
April 27: Nepal Rastra Bank faced a net loss of Rs 7.50 billion in the last fiscal year. Despite the fact that the central bank is a non profit organisation, it had earned net profit for four consecutive years.
The bank faced a loss of Rs 22.83 billion in foreign exchange revaluation and Rs 3.87 billion in gold transaction in the last FY.
The net loss went down to Rs 7 billion after the bank adjusted the loss with profit earned from investment in internal market, according to the report published by the bank.
According to the statistics of the bank, the net income of NRB stood at Rs 23.17 billion in the FY 2012/13 while it went down to Rs 12.7 billion in the FY 2014/15. The bank had earned Rs 37.76 billion profit in the FY 2015/16 but faced net loss of Rs 7 billion in the FY 2016/17.
The main objective of the central bank is to stabilize the price level, exchange rate and financial system.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
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<p>The bank faced a loss of Rs 22.83 billion in foreign exchange revaluation and Rs 3.87 billion in gold transaction in the last FY.</p>
<p>The net loss went down to Rs 7 billion after the bank adjusted the loss with profit earned from investment in internal market, according to the report published by the bank.</p>
<p>According to the statistics of the bank, the net income of NRB stood at Rs 23.17 billion in the FY 2012/13 while it went down to Rs 12.7 billion in the FY 2014/15. The bank had earned Rs 37.76 billion profit in the FY 2015/16 but faced net loss of Rs 7 billion in the FY 2016/17.</p>
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<p>The bank faced a loss of Rs 22.83 billion in foreign exchange revaluation and Rs 3.87 billion in gold transaction in the last FY.</p>
<p>The net loss went down to Rs 7 billion after the bank adjusted the loss with profit earned from investment in internal market, according to the report published by the bank.</p>
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include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
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<p>The bank faced a loss of Rs 22.83 billion in foreign exchange revaluation and Rs 3.87 billion in gold transaction in the last FY.</p>
<p>The net loss went down to Rs 7 billion after the bank adjusted the loss with profit earned from investment in internal market, according to the report published by the bank.</p>
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<p>The bank faced a loss of Rs 22.83 billion in foreign exchange revaluation and Rs 3.87 billion in gold transaction in the last FY.</p>
<p>The net loss went down to Rs 7 billion after the bank adjusted the loss with profit earned from investment in internal market, according to the report published by the bank.</p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
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Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
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<p>The net loss went down to Rs 7 billion after the bank adjusted the loss with profit earned from investment in internal market, according to the report published by the bank.</p>
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117