Nepal Today

Monday, January 2, 2012

CAPITAL'S MINIMUM TEMPERATUURE 4 DEGREES CELSIUS

CAPITAL’S MINIMUM TEMPERATURE 4 DEGREES CELSIUS
Kathmandu, 3 Jan.: Minimum temperature in the capital was
four degrees Celsius Tuesday.
Maximum temperature during the cold wave that started Sunday
coinciding with the New Year 2012 fell to 12.2 degrees Celsius.
The first winter rain was recorded Sunday night as well.
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RECORD BoP
Kathmandu, 3 Jan.: Nepal recorded its highest balance of
payments (BoP) of Rs 46.31 billion in the first four months of the current fiscal year ending mid-November, Nepal Rashtra Bank (NRB) said releasing a review for the period.
Growth of remittance and improvement in the service account
contributed to increase the balance.
In the same period last year, the BoP deficit fell to Rs 5.72 billion.
Nepal borrowed $42.5 million from the International Monetary Fund under its rapid credit facility to meet the shortage.
Remittance in the last four months increased 34.2 percent to Rs 103.20 billion compared to a 13.6 percent growth in the same period a year ago. Under the service account, income from tourism sector increased 33.4 percent.
Foreign exchange reserve increased 25.9 percent to Rs. 342.74 billion as of mid-November 2011—the highest-ever figure.
Devaluation of the Nepali currency against the US dollar also fuelled forex reserves growth.
The foreign exchange reserve is adequate to finance merchandise imports for 10.3 months and merchandise and service imports for 9.1 months./
Inflation fell to 8.5 percent in the review period Food price
increased 8.4 percent and non-food items 8.5 percent.
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4,000 PLUS DISQUALIFIED MAOIST FIGHTERS TAKE
PROTESTS TO THE EAST
Kathmandu, 3 Jan.: Maoist PLA ex-fighters, who have been excluded from the army integration process for being disqualified, have enforced shutdown in the eastern region today putting forward the demand for respectful rehabilitation, RSS reports from Taplejung.
Life in eastern region districts including Taplejung, Panchthar, Ilam and Jhapa have been affected due to bandh.
Vehicular movement has been entirely disrupted and industries and educational institutions have also been closed down since early this morning.
The ex-fighters have enforced shutdown in different regions and districts putting forwards various demands including their management, disclosure of details of fund received from the UNMIN in the name of disqualified combatants.
At least 4,008 ex-fighters languishing in the cantonments had to go outside after the UNMIN labeled them 'disqualified'
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