Why imported by dollar by imported rupees?

14 Bhadua, Kathmandu According to the statistics of the last financial year, goods worth 6.63 billion in India have been imported. It is only 14.97 percent (9.5 billion rupees) in the imports of dollars imported from India.


85% of India's most populated Indians have become mausoleum. This means that the goods worth Rs. 5 billion 38 billion have been shifted to Indian currency. In order to import goods, the reserves of Indian currency have begun to deteriorate, in the last year. This is the reason, which has increased the tendency to buy the rupees every year by giving dollars.

The data on purchase of 10 years is expected to be increased by an average of 16 percent. On the same day 073/74, the National Bank has sold a dollar worth Rs. 37 billion worth of Indian rupees.

Most traders and stakeholders are dissatisfied with the use of imported goods from India by selling the bargain by selling the dollar and on the same load.

'When buying double dollars by buying dollars and importing goods in the price, adopting the double process, the risk of the dollar falls at a lower rate, and in some cases it has been damaged,' says Prosecutor Secretary Puratvatam Ojha.

If the businessmen could also increase the list of items that can be imported into the dollar by the national bank, then India is getting the benefits of getting the benefits given. "India has provided duty free facility to import goods in the currency till now, but it does not receive such facility by importing it in the prices," says Sekhar Golshha, senior vice president of the Federation of Business and Nepal Federation of Commerce.Recently, the National Bank has increased the list of items that can be imported in dollars to 354. Other than those items should be purchased. Some analysts have been stressed on increasing the list of items that can be imported into dollars without leaving the deepest crisis of loads.

Due to this payment in dollar payment

Due to the dollar payment, mainly economic reasons have been linked to politics. India and China are in the forefront of the most imported goods in Nepal. In Nepal, the total goods worth Rs. 9 billion rupees have been imported.

Out of this, the share of import from India is 63 percent (6.63 billion rupees) and the share of imports from China is 12 percent (Rs. 27 billion rupees). The rest of the 23 per cent - two billion rupees (imported shares) is only from the third country.

Nepal has not given the option of dollar to import from foreign countries. However, an official of the National Bank of India, who does not have the opportunity to stop the imports of imports from India. "Even if India is unable to behave like other countries, the burden can not be barred," he says.

NAB Bahadur Thapa, Executive Director of the National Bank, said that it is much more political than economic reasons. "Nepal has required some load in practice, but the dollar's security is more important than the burden to strengthen the economic condition of the country."

He said that the list of items that can be imported directly from India to limit the expansion of the country is limited. Thapa argued Thapa's dollar savings in the country was added to the list of items that could be imported into dollars.

"We have kept the necessary goods in the list of items that can be paid in dollars, which is essential," Thapa says, "But there are no such items that are not a major problem even if there is no import."

Recovery of neighboring countries that have mutual trade is found positive. However, the imported materials in Nepal have been brought to consumers for more than the consumption of indigenous products. It is also worth mentioning the part of luxury items.

Nepal's businessmen are more than merchant trademarks. This is the main reason for importing into foreign trade.

Debt payment in dollar

Nepal's foreign debt is the nature of payment in dollars. To maintain debt consolidation capacity, dollar security should also be increased.

In the last half, the remaining foreign debt to Nepal is Rs 6.77 billion 37 billion.

The dollar reserves are not high with the government. By the end of the last ten years, the budget of foreign exchange reserves has been Rs.109 billion, out of which the Bank of Nepal, which has imported goods and services for four months, has said. For such a small number of countries like Nepal, such reservoir is an eight-month commodity and international recognition is required to be imported.

The slowdown of dollar has decreased due to the increase in the revenues of the country in the last time. The dollar reserves become more important than the burden of Nepal to prevent the problem.

Worldwide, some limited currency has been accepted as an exchange currency, Euro, American Dollar, Japanese Yen, Pound Sterling and China Renminbi. These currencies easily make shelter in any country in the world. However, the burden has not yet been accepted as a whole convertible currency. The same as the country's reason for the country to emphasize dollar reserves is also the same.