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Nepal Stock Exchange resumes operations after one month
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IANS | 25 May, 2015
The Nepal Stock Exchange (Nepse) resumed its operations on Sunday
almost a month after the April 25 earthquake that wrought severe
devastation in the Himalayan country.
The market re-started
transactions after relocating from some buildings which were badly
damaged by the 7.9-magnitude quake last month. Nepse has been operating
its system from its head office while the server is located inside the
home ministry.
Though the share market witnessed a huge loss, Nepse believed the market could rise in the coming days.
"We
could not operate for 19 working days. However, in the coming weeks, we
are hopeful that the scenario will be revived," Sitaram Thapaliya,
general manager of Nepse, told Xinhua news agency.
Trading has also started in major four cities -- Biratnagar, Pokhara, Dharan and Narayanghat -- from Sunday.
The Stock exchange had closed on April 23 at 938.19 points.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
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87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
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