Sonam Losar is the traditional New Year festival celebrated by the Tamang community in Nepal, marking the beginning of a new lunar year. It is a public holiday in Nepal, leading to the closure of the Nepal Stock Exchange and government offices. While it has no direct statistical impact, it results in a total halt of local financial market activity and liquidity.
The date is determined annually based on the Tibetan lunar calendar, typically falling on the first day of the new moon in the month of Magh.
No historical data available