Kathmandu. The country’s foreign exchange reserves have crossed Rs 40.5 trillion.
The current fiscal year 2083 released by the Nepal Rastra Bank. The current economic and financial situation report of the country as of August 2018 shows this. According to the report, in the second month of Ashad 2083, Rs. The total foreign exchange reserves increased by 4.3 percent to Rs.4065.78 billion in the month of August 2083.
In US dollars, such reserves increased by 4.6 percent from Rs. 25.31 billion in mid-July 2083 to Rs. 26.48 billion in mid-July 2083.
Based on the imports up to the last two months of the current fiscal year, the foreign exchange reserve with the banking sector is sufficient to sustain the import of goods for 20.9 months and goods and services for 17.8 months.
During the review period, the current account was Rs. 169.04 billion in savings. In the same period of the previous year, the current account was Rs. 130.97 billion.
In the review period, the balance of payment position was Rs. 187.68 billion in savings. In the same period of the previous year, the balance of payment position was Rs. 153.68 billion.
