Nepal News Evening Economic Brief – October 23, 2025
Summary
Nepal Rastra Bank maintains stable dollar exchange rates while euro and pound decline. Bhojpur faces flower shortages ahead of Tihar. Saudi Arabia ends Kafala system, improving migrant workers' freedoms.
Key Points
- Nepal Rastra Bank fixes exchange rates with a stable US dollar and weakened euro and pound.
- Saudi Arabia abolishes the 70-year-old Kafala sponsorship system granting migrant workers greater freedoms.
- Bhojpur district experiences a flower shortage ahead of Tihar, affecting prices.
- Tribhuvan International Airport handles over 760,000 passengers in one of its busiest months.
- Global gold prices plunged sharply, impacting the Nepali market during the festival week.
