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Sixteen different types of foodstuffs worth Rs 5.89 billion have been imported via Birgunj checkpoint in the first four months of the current fiscal year. It was more by Rs 1.24 billion as compared to corresponding period of the last fiscal year.

Chief of Birjung Customs Office, Bishnu Prasad Gyawali, said maize worth Rs 2.29 billion and paddy worth Rs 2.1 billion were imported during the period. 

Similarly, rice worth Rs 1.6 billion was also imported through Birgunj Checkpoint, he added.

The central bank has continued a cautious flexibility of the monetary policy through its first quarterly review of the current fiscal year. 

Nepal Rastra Bank made public the first quarterly review (monetary) of the fiscal year, 2082/83. It has brought flexible provisions in the monetary scheme. 

The review stated that policy initiatives the government took for an industrial atmosphere with good governance in the wake of Gen Z protest and the monetary facilitation the NRB made are expected to ensure gradual improvement in the national economy.

Nepal got BB minus in the Sovereign Credit Rating (by Fitch Rating) this year as well. 

Although the hotels were damaged during the September 8-9 protests, the government recovered the peace and security situation, thereby assuring the tourism and arrival of tourists, the monetary policy review stated. 

The hydropower production has seen continuous strides in the past three months. Total 309 MW electricity was linked to the national transmission line in the last three months alone. 

The banks and financial institutions have excessive liquidity and low interest rates.

The Nepal Stock Exchange (NEPSE) plunged by 4. 28 points to close at 2, 645. 24 points on Monday. 

Similarly, the sensitive index dropped by 1. 72 points to close at 455. 26 points.

A total of 10,860,828-unit shares of 325 companies were traded for Rs 4. 71 billion.

Meanwhile, Sagar Distillery Limited (SAGAR) and Swastik Laghubitta Bittiya Sanstha Limited (SWASTIK) were the top gainers today with their price surging by 10. 00 percent.
Likewise,  Nifra Green Energy Debenture 6% - 2088/89 (NIFRAGED) was the top loser as its price fell by 9. 51 percent.

At the end of the day, the total market capitalization stood at Rs 1. 50 trillion.

The price of gold has increased by Rs 1, 400 per tola in the domestic market on Monday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 253, 600 per tola today. It was traded at Rs 252, 200 per tola on Sunday.

Similarly, the silver is being traded at Rs 3, 535 per tola today.