Stepping off of the plane at Kathmandu’s Tribhuvan airport from an international flight you will pass through the visa checkpoint. This is your last opportunity to unload some of your US dollars before entering the realm of the Nepalese Rupee (NPR) in paper and coin. The exchange rate has hovered around 75 NPR to 1 US dollar for the past five years. In early 1995 it was just under 50, and in January and November of 1998 there were sudden jumps (or drops from the Nepalese perspective) in the rate of exchange, with a shift of 11 NPR within a year. This is probably not the most telling statistic when it comes to describing the state of Nepal’s economy and their international trade, although it is of interest to tourist who make up a significant part of Nepal’s revenues. The most significant trading partner with Nepal is India, and considering the relative magnitude of their neighboring economy it seems that India could easily crush Nepal with any misstep. Nepal does have a heavy trade deficit, and that is primarily (~55%) with India. Nepal does not have that much to offer as export, but relies on many industrial and foodstuff imports.