Nepal's remittance, forex reserves growth continues-Xinhua

Nepal's remittance, forex reserves growth continues

Source: Xinhua| 2026-05-11 21:42:00|Editor: huaxia

KATHMANDU, May 11 (Xinhua) -- The remittance flows and foreign exchange reserves in Nepal recorded strong growth in the first nine months of the current 2025-26 fiscal year, the central bank said in a report on Monday.

Nepal Rastra Bank said the remittance inflows increased 31.9 percent year-on-year to 11.55 billion U.S. dollars between mid-July 2025 and mid-April 2026. Similarly, the country's foreign exchange reserves rose 20.8 percent to 23.55 billion dollars in mid-April 2026 from 19.50 billion dollars in mid-July 2025.

"Based on imports during the first nine months of the 2025-26 fiscal year, the foreign exchange reserves are sufficient to cover 21.8 months of merchandise imports and 18.4 months of combined merchandise and services imports," the report said.

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