Weekly Summary
Across the week, Nepal focused on budget and governance coordination through the House of Representatives meeting and an ongoing all-party meeting at Singhadurbar, while Hark Sampang boycotts the all-party meeting and cabinet plans moved to overhaul 55 federal-level bodies. Accountability and legal steps continued to expand, including a Special Court hearing date for Jhalkaram Adhikari over corruption and asset laundering allegations and a Supreme Court order to criminalize child soldiers following a writ petition filed by Lenin Bista, while parliamentary disputes also targeted customs and budget credibility around Gyan Bahadur Shahi. Economic enforcement and administrative capacity issues added pressure, from the government warning industries to pay arrears and collecting ten million rupees to the Securities Board work halted due to absence of an executive chairman, alongside border diplomacy updates tied to the Nepal–India border pillar repair.
Forex remained relatively stable over the week: USD/NPR moved within 152.22-153.52 (0.17% net change), starting at NPR 152.22 on Jun 07 and ending at NPR 152.48 on Jun 14; other major pairs traded in narrow ranges (CAD 109.01-110.13, AUD 106.97-108.54, GBP 203.08-205.16, JPY 9.50-9.59). Local fine gold showed a downtrend of NPR -6,700 per tola, ending at NPR 293,200; international gold closed near NPR 241,188 per tola; local silver remained downtrend around NPR 4,895; international silver closed near NPR 3,891.
