the leaders of this country are determined to destroy this great nation.

novaguy83 · Apr 18, 2010 5:45 AM

From the economic point of view it must be good for the people, but it does not apply in Nepal. Price never goes down.

syanjali · Apr 18, 2010 8:34 AM

It is not that Nepali economy strong, but Nepali currency is pegged with Indian currency. Therefore, Nepali currency looks getting stronger. With widening trade gap with India and decreased remittance, devaluation of Nepali currency is long due. People may panic in short term but will be good in the long run. :)

Bhunte · Apr 18, 2010 8:48 AM

Dollar might go up a little in a couple of days due to the housing fraud in Europe......it went up on Friday in the market ....I don't know how that's gonna fare with the nepali currency but I feel it will be worth the wait

tyrannyoflogic · Apr 18, 2010 9:23 AM

Unti the economy picks up significantly, dollar will stay low in value compared to other currencies.  Econ 101.

riten · Apr 18, 2010 1:01 PM