Weekly Summary
Throughout the week, Nepal’s political agenda and accountability debates ran alongside major disaster response as Bagmati Chief Minister Kiran Thapa Magar pursued a vote of confidence that the Nepali Congress moved to block via a whip, while Prime Minister Walendra Shah’s social media monetization drew scrutiny over continued income generation under Meta restrictions for political figures. As floods escalated from Rasuwa to Bhote Koshi, Prime Minister Balen/Balendra Shah’s emergency rescue orders progressed into expanded cross-border coordination, culminating in Nepal accepting India- and China-based rescue teams as fatalities climbed and the missing count remained above 2,400. In parallel, governance and justice pressures continued to build—ranging from calls for stronger rape-related laws and tighter handling of minors in policing and court discussions around Garima Chaudhary to EV and education policy moves such as electric-vehicle adoption and preparation of the School Education Bill.
Forex remained relatively stable over the week: USD/NPR moved within 152.91-153.42 (0.33% net change), starting at NPR 153.42 on Aug 23 and ending at NPR 152.91 on Aug 30; other major pairs traded in narrow ranges (CAD 110.32-111.44, AUD 109.42-110.09, GBP 207.69-209.23, JPY 9.58-9.65). international gold closed near NPR 255,450 per tola; international silver closed near NPR 3,806.
