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$$ continious rise !! What is happening ?? It is time to unpeg NPR against INR

Yesterday US$ closed @ Record high against INR @70.2850/-
Thus US$ against NPR including spread it closed @ 112.75 a record high close against NPR.

According to offshore rate we see $$ opening soft against INR @ 69.92 /--

Let us see whats Next !! JPY strong move against $$ in last few trading after BOJ keeps no chnages in rate !!

As the current Governor Area of focus is on NEPSE only !!

Like a RAW agent, trying best to destroy NEPSE and fully focused on NEPSE.


Your analysis on everything, whose intention is just to crash NEPSE is making you look like a fool to those who knows a thing or two.

- What you are talking is garbage. We dont import much from US, so not much inflation. weaker NC is cause of IC and we import from India. Not much inflation. And India is not a big importer.

- Nepalese work in saudi whose currency is pegged with $, so we may get more remittance.

- Stronger dollar wont increase price of Oil, mostly demand and supply or future concern. So no inflation.

Dont tie every event going on in the world with NEPSE. NEPSE does not care.

As today till now US$ has made a record all time high against NPR @ 111.95/- has created a lot of concern on Macro Economic of NEPAL. Increased $$ will lead to higher Inflation !!

Don't know how the Central Bank of Nepal is going to Tackle the situation , As the current Governor Area of focus is on NEPSE only !! As we can see some of the remarks made by him is like a SEBON Chairman rather then a Governor !!

What will be his act to increase the FOREX RESERVE, Don't know how much $$ Reserve NRB has, Hike on taxes and Strong $$ to make many essential commodities prices to move up thus leading higher inflation !! Along with that we will see a Strong Balance of Payment Deficit !!

Some of selling were seen yesterday due to Concern of Higher Inflation as Technically $$ was looking for a break out and today it broke out creating a all time record high !! Thus domestic saving will be reduced in the banking system in coming days which bankers have already visualized that's Why Banker Association are not reducing the Interest Rate.