Nepal’s pashmina export revenues are plunging despite high priority accorded to the sector, say officials. According to Nepal Rastra Bank, export revenues were Rs. 2.45 bn in fiscal 2016-17, and dropped to Rs. 2.28 bn in 2017-18. Shipments in the first eight months of 2018-19 ending mid-July were worth Rs. 1.52 bn, down 1.14 per cent year-on-year.