बिज्ञापन

Nepal recorded significant growth in both remittance inflows and foreign exchange reserves in the fiscal year 2024–25, which ended in mid-July, according to a report released by the Nepal Rastra Bank on Sunday.

बिज्ञापन

The country’s foreign exchange reserves surged by 27.7 percent, reaching 19.5 billion U.S. dollars, up from 15.26 billion dollars in the previous fiscal year (2023–24).

Remittance inflows also saw a robust year-on-year increase of 16.3 percent, totaling 12.64 billion dollars during the same period. “Based on imports in the 2024–25 fiscal year, the foreign exchange reserves are sufficient to cover prospective merchandise imports for 18.2 months and merchandise and services imports for 15.4 months,” the report stated.

बिज्ञापन

This strong performance is expected to boost Nepal’s external sector stability and contribute positively to the country’s macroeconomic outlook.