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49 people die, 40 others go missing

Kathmandu: As the rains lashed out the country, death toll in the disasters- floods and landslides- has reached 49, while the number of those gone missing stands at 40.

The Kathmandu Valley alone saw the deaths of 32 persons- casualties combined from…

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Water level in rivers rise to danger level

Kathmandu: Incessant rainfall for the past few days has increased the water level in almost all the rivers from Arun in Sankhuwasabha in the east to Banaganga in Kapilvastu to the west to danger level.

A special flood bulletin issued by the Departmen…

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Sri Lanka’s official reserves reach USD 6 billion

(LANKAPUVATH | COLOMBO) The Central Bank of Sri Lanka (CBSL) says it purchased a significant amount of foreign exchange from the domestic market to bolster the Gross Official Reserves (GOR).As of the end of August 2024, GOR stood at USD 6. 0 billion…

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Central Bank maintains policy interest rates

(LANKAPUVATH | COLOMBO) The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 8…

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