IME Life New

Rs 736 billion cash in market, government coffers rise nearly 400%

SPIL
Global College
Nepal Life New

Kathmandu. Cash movement has increased in the market. Nepal Rastra Bank (NRB) has announced the fiscal year 2019/20. This has been seen from the data till May 8.

According to the data, there is a cash circulation of Rs 736.85 billion in the market till May. As of Last June, there was a cash circulation of Rs 680.4 billion in the market. Cash mobilisation increased by 8.35 percent in the 11-month period.

Crest

The size of government funds has increased by 380.22 percent in the 11 months of the current fiscal year. As of Last June, the government fund stood at Rs 63.95 billion. The size of the government fund has reached a height of Rs 307.11 billion as of May.

Rastra Bank’s reserves stood at Rs 667.81 billion. As of Last June, the reserves stood at Rs 543.81 billion. The size of the reserve has increased by 22.80 percent.

The liability related to imf is Rs 40.62 billion. As of June 2018, the liabilities related to the IMF stood at Rs 38.95 billion.

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