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Nepal’s exports, imports drop sharply as private Indian ban

KATHMANDU: Nepal’s exports and imports both have fallen sharply due to the ongoing unofficial Indian embargo, Nepal Rastra Bank (NRB) said.  The central bank said that exports plunged 25.4 percent to Rs16.81 billion during the first three months of the current fiscal year while merchandise imports also plummeted 31.9 percent to Rs130.49 billion. Nepal’s total exports fell due to a ... Read More »