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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.
The report uses 12 factors to determine the rating for each nation, including security threats, economic implosion, human rights violations and refugee flows. Indicators of a fragile state Fund For Peace ranks (between 0 and 10) the following factors to determine the overall status of a country on the index.
The dollar had broadened its advance last week to sweep over sterling as well, driving it to an eight-month low of $1.2349. The pound was last looking none too steady at $1.2435.
Currency substitution is the use of a foreign currency in parallel to or instead of a domestic currency. [1]Currency substitution can be full or partial. Full currency substitution can occur after a major economic crisis, such as in Ecuador, El Salvador, and Zimbabwe.
More than 120 people have been killed after a powerful earthquake struck a remote region of Tibet on Tuesday morning, with tremors felt across the Himalayas in neighboring Nepal, Bhutan and parts ...
2016 Index of Economic Freedom ranked 152 out of 178 [1] Ease of Doing Business Index 2020 ranked 94 out of 190 [2] Global Competitiveness Index 2016-2017 ranked 98 out of 138 [3] IMF Nominal GDP per capita 2019, ranked 158 out of 187 economies [4]
"We had some macro news but somewhat mixed and you know we have a very strong dollar today," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. A report from ...
The US dollar continues to underpin the world economy and is the key currency for medium of international exchange, unit of account (e.g. pricing of oil), and unit of storage (e.g. treasury bills and bonds) and, despite arguments to the contrary, is not in a state of hegemonic decline (cf. Fields & Vernengo, 2011, 2012).