KATHMANDU, Feb 6: The country's foreign exchange reserves have exceeded Rs 1.816 trillion

KATHMANDU, Dec 1: The value of the US dollar has reached an all-time high against the Nepali Rupee.

KATHMANDU, Nov 26: The value of the US dollar has reached another historic high. On Wednesday, the exchange rate for one American dollar was fixed at Rs 133.68, but on Saturday and Sunday, it rose further to Rs 133.70.

KATHMANDU, Nov 10: The country's foreign exchange reserves have increased by 6.7 percent in three months.

KATHMANDU, Aug 19: The indicators of inflation, current account deficit and foreign direct investment are poor while indicators of remittances, balance of payment and foreign exchange reserves positive, according to the current macroeconomic and financial situation of Nepal for the fiscal year, 2022/23 published by the Nepal Rastra Bank.

KATHMANDU, June 10: While the foreign exchange reserves were under pressure in the past, the last few months have seen gradual improvement in the volume of the country’s foreign exchange reserves.

KATHMANDU, Aug 20: Bhutan will ban the import of all vehicles except utility vehicles, heavy earthmoving machines and agriculture machinery to save dwindling foreign exchange reserves, the government said in a notice seen by Reuters on Friday.

KATHMANDU, July 20: Nepal Rastra Bank (NRB) has tightened the dollar exchange service. With the move of the central bank, now the Nepali citizens who are going to travel abroad can only exchange USD 200.

KATHMANDU, April 17: Nepal is asking citizens living abroad to deposit funds in domestic banks as part of efforts to ensure the financial system has enough liquidity and to preserve foreign exchange reserves, finance finister Janardan Sharma said on Saturday.

KATHMANDU, August 29: Nepal’s balance of payments (BoP) registered a surplus of only Rs 1.23 billion in 2020/21, a straight fall from the surplus of Rs 282.41 billion in the previous year, mainly due to the soaring imports and slowdown in the net inflow of foreign direct investment (FDI).

In county like ours whose economy is heavily dependent on imports, foreign exchange reserves should be adequate to sustain imports for at least eight months