Nepal's foreign exchange reserves exceed 37.5 billion dollars, reaching a level sufficient to cover 19 months of imports
Wichtigste Punkte
- Nepal's foreign exchange reserves increased by 40.3 percent on an annual basis, rising to the level of 37 kharb 55 arba.
- The current reserve amount is at a level sufficient to cover the country's total 19 months of import expenses.
- In the same period of the previous year, the reserves were at the level of 26 kharb 77 arba 68 crore Nepali Rupees.
- The data was announced with the official report published by the Nepal Central Bank on Monday.
In Zahlen
According to the data announced by the Nepal Central Bank, the country's foreign exchange reserves showed an increase of 40.3 percent within the past year. As of the end of Jeth (May-June) of the current fiscal year, the total reserve amount reached 37 kharb 55 arba 64 crore Nepali Rupees.
The reserves, which were at the level of 26 kharb 77 arba 68 crore in the same period of the previous year, reached a record level with this big jump. The accumulation in question represents enough power to solely cover the country's 19 months of import expenses. This situation shows that Nepal's economy's external payment capacity has significantly strengthened.
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Häufige Fragen
- What is the current foreign exchange reserve amount of Nepal?
- Nepal's foreign exchange reserves reached 37 kharb 55 arba 64 crore Nepali Rupees as of the end of the Jeth month of the fiscal year.
- What is the annual rate of change in this reserve increase?
- Compared to the previous year, foreign exchange reserves recorded an increase of 40.3 percent.
- For how long can the new foreign exchange reserves cover Nepal's imports?
- The accumulated foreign exchange reserves are sufficient to cover the country's current import expenses for 19 months.
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