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The gold is being traded at Rs 195, 200 per tola in the domestic market on Monday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of silver, however, has increased by Rs 10 and is being traded at Rs 2, 170 per tola today.

Export of tea has increased by 40.50 percent in the 11 months of the current fiscal year 2024/25. 

According to the Mechi Customs Office, tea worth Rs 3. 86 billion has been exported until the month of Ashad (Mid-June). 

During the 11 months of the current fiscal year, 14,463.33 metric tonnes of tea has been exported, as informed by Ishwar Kumar Humagain, the information officer at the Mechi Customs Office.

In the fiscal year 2024/25, tea worth Rs 2. 75 billion was exported. 

According to the office's statistics, cardamom exports have decreased by 3.80 percent until the end of the month of Jestha (Mid-June) in the current fiscal year. In the 11 months of the current fiscal year, cardamom exports are worth Rs 7. 18  billion have been recorded.

In the last fiscal year, cardamom worth Rs. 7 billion 452 million was exported during the same period. 

The main exported items include veneer sheets at 67 percent, iron sheets at 9.6 percent, plywood at 11.60 percent, and molasses which saw a 400.50 percent increase in exports, the Office said.

Similarly, export of cement clinker decreased by 12.60 percent, ginger by 59.70 percent, Amriso (broom grass) by 15.2 percent, and Chhurpi (traditional hardened yak cheese) by 7.7 percent.

In the current fiscal year's 11 months, goods worth Rs 23. 28  billion have been exported through the Mechi customs.

The federal government has received Rs 99.2bn in external loans during the first 11 months of the current fiscal year, which is less than half of its target of Rs 217bn. According to a report from the Public Debt Management Office, the foreign loans received as of mid-June amount to just 45.72 percent of the target. In contrast, internal debt mobilization is on track to meet its goal, with 95.45 percent (around Rs 315bn) of the Rs 330bn target already achieved.

Most of the foreign loans have been categorized under capital expenditure, serving as a source for funding development projects. However, the slowdown in development activities has hindered the inflow of these external loans, according to the office. “Donor agencies largely provide financial assistance to Nepal in the form of project-based loans rather than direct budgetary support. As a result, the delayed or poor implementation of projects significantly impacts the receipt of funds. Overall, weak development expenditure has led to a decline in external loan inflows.”

According to the Office of the Auditor General, as of Saturday evening, the annual capital expenditure has only reached about 42 percent of its target.

Meanwhile, the Public Debt Management Office stated that the total debt that the government has yet to repay is Rs 2,654bn. At the beginning of the current fiscal year, the total public debt was
Rs 2434.9bn, and by the end of last May, an additional Rs 220.58bn of government debt was added. As of the end of last May, the total public debt is 43.47 percent of the country’s total gross domestic product. Furthermore, the share of foreign debt in the remaining debt that the government has to repay is 52 percent, while the share of domestic debt is 47.94 percent.

According to the data as of mid-June the internal debt is Rs 1272.53bn and the external debt is
Rs 1382.12bn. The government had set a target to mobilize Rs. 5.47bn in public debt for the current fiscal year. As of the end of last mid-June, Rs 414bn has been collected in debt. As of June 14, the total public debt is 43.47 percent of the country’s total gross domestic product. The government has yet to receive a total loan of 52 percent in foreign debt, while the share of domestic debt stands at 47.94 percent.

The government had set a target to mobilize public debt of Rs 547bn through active means. As of mid-June, the government has raised a loan of Rs 14.19bn. The total public debt collection as a percentage of the annual target is 75.72 percent. For the payment of the principal and interest on government debt, Rs 329.6bn has been spent in the last 11 months, it is stated.

The Nepal Stock Exchange (NEPSE) plunged by 32. 16 points to close at 2, 596.74 points on Sunday.

Similarly, the sensitive index dropped by 4. 87 points to close at 444. 60 points.

A total of 21,547,055-unit shares of 310 companies were traded for Rs 9. 14 billion.

Meanwhile, Joshi Hydropower Development Company Ltd (JOSHI) was the top gainer today with its price surging by 9. 98 percent. Likewise, Pure Energy Limited (PURE) was the top loser as its price fell by 10. 00 percent.

At the end of the day, the total market capitalization stood at Rs 4. 32 trillion.