Nepal records remittances, forex rise in first 4 months of current FY-Xinhua

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  1. Nepal records remittances, forex rise in first 4 months of current FY

    Source: Xinhua| 2025-12-15 19:51:45|Editor: huaxia

    KATHMANDU, Dec. 15 (Xinhua) -- Remittance inflows and foreign exchange reserves increased in the first four months of the ongoing 2025-26 fiscal year, the central bank said on Monday.

    The remittance inflows increased 25.3 percent year on year to 4.88 billion U.S. dollars from mid-July to mid-November, Nepal Rastra Bank said in its monthly report. The increase has been attributed to a rise in the number of migrant workers and higher dollar values.

    "The foreign exchange reserves are sufficient to cover the prospective merchandise imports of 20.8 months and merchandise and services imports of 17.4 months," the report said.

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