Nepal bans import of luxury items, suspends Central Bank governor | Business and Economy | WION

After Pakistan and Sri Lanka, the Himalayan Kingdom of Nepal is also facing financial problems. The country is facing a forex exchange crisis, it has already suspended Central Bank Governor as the bank had earlier announced a ban on import of vehicles and other luxury items.

#Nepal #Forex #Economy

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Comment (34)

  1. Why we got so many problematic neighbors!!! Well all thank goes to none other than the great grand Britain..

  2. WION is spreading lies with it's disinformation campaign about Nepal….India will crash and breakdown into 10 pieces…it's a better manageable option for 1.36 billion population. 😱🙏

  3. India can easily attract foreign businesses and tourism from troubled neighboring countries. I believe it's already happening with foreign buyers and investors of Sri Lanka?

  4. India had forex reserves but even that has dropped in recent months. Since we had a lot of foreign reserves we can ignore but oil prices are killing every developing countries

  5. I personally feel it's better to merge Pakistan Srilanka and Nepal into India. It will save them from all crisis and pave ways to become Akhand Bharath, a bigger nation towards which world will look up to.

  6. I hope and wish Mr Putin will send his army and annex Nepal with Russia. This will save Nepal.
    We Nepalese would want to see Nepal become part of Russia.
    namaste and love from Nepal.

  7. He’s delusional and he’s crazy it won’t help they corrupt and that’s why he’s not allowing imported high end goods will never stop wealthy people

  8. U should have also mentioned about INR currency with Nepal Reserve bank that RBI didn't swapped after demonitisation, pending in vault uselessly, booked under relationship loss A/C. What's view upon that?

  9. Heard of Midas touch? Whatever Midas touched turned to gold. Similarly, but in contrast, whoever Chi na touches turns to dust. 😆🤣. Some countries are realizing it too late, sadly.

  10. When you don't have money, don't buy or borrow. That's the only way.Dont get into unnecessary debts. Develope on your own strength.

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