KATHMANDU, July 14 (Xinhua) -- The inflow of remittances and foreign exchange reserves surged in Nepal during the 11 months of the current 2025-26 fiscal year, the central bank said in a report on Monday.
Nepal received 14.59 billion U.S. dollars in remittances between mid-July 2025 and mid-June 2026, up 29.6 percent from the same period in the previous fiscal year, according to the Nepal Rastra Bank. Remittance inflows reached 1.33 billion dollars in the single month between mid-May and mid-June, compared with 1.15 billion dollars during the same month of the previous fiscal year.
Likewise, the gross foreign exchange reserves increased 26.5 percent to 24.68 billion in mid-June 2026 from 19.50 billion dollars in mid-July 2025.
"Based on the imports of the eleven months of 2025-26, the foreign exchange reserves of the banking sector are sufficient to cover the prospective merchandise imports of 22.5 months, and merchandise and services imports of 19.1 months," the report said. ■
