Browsing Tag

Forex reserves

Forex reserves, BoP surplus swell to record high

Nepal’s foreign currency reserves rose 42.2 percent to record Rs 386.96 billion in the first nine months of current fiscal year, spurred by growing remittance inflow and tourism and other service incomes, according to Nepal Rastra Bank (NRB) statistics. The figure was at Rs 272.15 billion at the beginning of the current fiscal year. The current…
Read More...