Weekly Summary
Throughout the week, Nepal’s Bhotekoshi flood national mourning and continuing rescue efforts centered on unaccounted-for victims, while recovery planning expanded to include South Korea coordination for missing nationals and reconstruction and relocation legislation for disaster-prone settlements. Accountability and rights issues intensified as the Kathmandu Valley Crime Investigation Office arrest for indecent behaviour, parliamentary criticism over disaster management failures and relief-center conditions, and human-rights concerns about holding-center shelter and supplies were all featured alongside corruption probes tied to the CIAA development-spending and land-registration cases. On governance and recovery funding, the Prime Minister’s Disaster Relief Fund deposit totals of NPR 13.23 billion for Rasuwa and requests for broader reconstruction finance, including Nepal’s NPR 723 billion recovery estimate, ran in parallel with political signals like UML weighing Parliament restoration and economic effects from border closures such as Korala customs revenue of Rs 1.78 billion amid the Rasuwagadhi-Kerung closure.
Forex remained relatively stable over the week: USD/NPR moved within 151.48-153.19 (1.13% net change), starting at NPR 151.48 on Sep 06 and ending at NPR 153.19 on Sep 13; other major pairs traded in narrow ranges (CAD 109.45-110.62, AUD 109.10-109.84, GBP 204.84-206.99, JPY 9.70-9.94). international gold closed near NPR 249,829 per tola; international silver closed near NPR 3,706.
