Kathmandu. Both the country’s current account and balance sheet are in savings. The latest data of the current fiscal year released by Nepal Rastra Bank (NRB) has revealed this in the last four months of the current fiscal year.
In the review period, the current account surplus stood at Rs.279.65 billion. In the same period of the previous year, the current account had surplus of Rs. 147.78 billion. The current account surplus was Rs 1.99 billion in the review period of the previous year, compared to Rs 1.10 billion in the same period of the previous year.
Net capital transfer stood at Rs.6.21 billion in the review period. In the same period of the previous year, such transfers were Rs. It was Rs 2.47 billion. Similarly, Rs. 2.49 billion foreign direct investment (equity only) has been inflowed during the review period. Such foreign direct investment (equity only) was Rs.5.76 billion in the same period of the previous year.
The balance of payment position stood at Rs.318.40 billion in the review period. The balance of payment position was Rs.205.83 billion in the same period of the previous year. The balance of payment in US Dollars stood at Rs. 2.26 billion in the review period as against Rs. 1.53 billion in the same period of the previous year.
