NPR & USD - Markets & outlook
Nepalese rupee - NPR:
October 19, 2025
Key Developments Affecting the Nepalese Rupee (NPR):
1. Pro-Monarchy Protests (March–May 2025):
- Intensified demonstrations in Kathmandu advocating for the restoration of the Hindu monarchy, leading to a two-month prohibitory order in key areas of the capital. (en.wikipedia.org)
2. Gen Z Protests and Political Unrest (September 2025):
- Nationwide anti-government protests, primarily led by Generation Z, resulted in the storming of the Federal Parliament Building and the resignation of Prime Minister K.P. Sharma Oli. (en.wikipedia.org)
3. Monetary Policy Adjustments (July 2025):
- Nepal Rastra Bank (NRB) reduced the bank rate from 6.5% to 6% and the policy rate from 5% to 4.5%, aiming to stimulate economic activity. (bestexchangerates.com)
4. Social Media Regulation (March 2025):
- The government mandated that platforms like Facebook, Instagram, and X (formerly Twitter) register in Nepal within a month or face potential bans, impacting digital communication and business operations. (bestexchangerates.com)
These events have contributed to increased volatility in the NPR, affecting investor confidence and economic stability.