Search results
Results from the WOW.Com Content Network
The Nepal Stock Exchange (NEPSE) is the only stock exchange of Nepal. As of August 2024, [update] the Market Capitalization of the companies listed on NEPSE totaled रू 476,590.9 crore (US$35 billion).
The economy of Nepal is a developing category and is largely dependent on agriculture and remittances. [6] Until the mid-20th century Nepal was an isolated pre-industrial society, which entered the modern era in 1951 without schools, hospitals, roads, telecommunications , electric power, industry, or civil service.
In 1952, the government of Nepal officially pegged the Nepalese rupee at रु1.28 = ₹1, although the market rate remained at रु1.60 = ₹1. [ 2 ] Between 1955 and 1957, there was a series of soft peg revaluations that started at रु1.755 = ₹1 and appreciated to रु1.305 = ₹1 by 1957.
Paisa (also transliterated as pice, pesa, poysha, poisha and baisa) is a monetary unit in several countries. The word is also a generalised idiom for money and wealth. In India , Nepal , and Pakistan , the paisa currently equals 1 ⁄ 100 of a rupee .
Click here for real estate and housing market news, reports, and analysis to inform your investing decisions Read the latest financial and business news from Yahoo Finance Show comments
Surendra (1847–1881) introduced a new copper coinage in 1866, consisting of 1 dam, 1 and 2 paisa, with 1 ⁄ 2 paisa issued from 1880. The silver coinage consisted of the same denominations as his predecessor, with the gold coinage similar except for the absence of the 2 mohar.
Dina Peralta-Reich, MD, is an obesity medicine specialist and founder of New York Weight Wellness Medicine. Tina Tang , CPT, is a certified personal trainer, strength coach, and founder of Iron ...
Two paisa was also called a taka, see below. Decimalisation occurred in India in 1957 and in Pakistan in 1961. Since 1957 an Indian rupee is divided into 100 paise. The decimalised paisa was originally officially named naya paisa meaning the "new paisa" to distinguish it from the erstwhile paisa which had a higher value of 1 ⁄ 64 rupee.