Centuries-old network faces government heat as authorities link it to cryptocurrency, gold smuggling and tax evasion.

Despite dire predictions about a drastic drop in remittances that Nepal gets from its workers abroad due to the Covid-19 induced economic downturn, money transfers have hit Rs875 billion which is only ...

Diaspora Exclusion and Institutional Contradiction The Nepali diaspora is larger than the population of several provinces, ...

The Nepal government knows how much this country is dependent on remittances from Nepalis working abroad. It pays the salaries of politicians and bureaucrats from the money they send home. They should ...

Nepal's financial system poses a striking paradox: Banks are oversupplied with money, but the real economy is struggling to ...

Remittances boost household welfare but often appreciate exchange rates and weaken export competitiveness, especially in economies heavily dependent on them. The study finds that strong, ...

Move to ease travel, remittances and tourism as Kathmandu prepares to notify relaxed currency rules nearly a decade after the ...