October 17, 2023 21:00 pm
KATHMANDU, Oct 17: The first two months of the current fiscal year have shown surpluses in both the current account and the Balance of Payments (BoP). The country's foreign exchange reserves are now enough to sustain imports of goods and services for a year.
August 16, 2022 19:44 pm
KATHMANDU, August 16: The foreign currency reserve with the country declined by 13.1 percent to Rs 1.215 trillion in the last fiscal year.
April 6, 2022 18:00 pm
KATHMANDU, April 6: Citing depleting foreign currency reserves of the country, the government is considering enforcing a number of measures that include facilitating outbound workers to send more remittance, reducing consumption of petroleum products and controlling the import of luxury items.
December 30, 2021 18:35 pm
KATHMANDU, Dec 30: Amid increasing pressure on foreign currency reserves, Nepal Rastra Bank (NRB) has further tightened the noose on the availability of the foreign currencies on passport facility to the individuals visiting abroad.