KATHMANDU, Jan. 9 (Xinhua) -- Nepal recorded a year-on-year rise in remittance inflows and foreign exchange reserves in the first five months of the current 2025-26 fiscal year that began in mid-July, the Nepal Rastra Bank said on Friday.
The central bank said in its report that remittance inflows increased by 29 percent to 6.16 billion U.S. dollars during the review period. Likewise, gross foreign exchange reserves increased by 13.5 percent to 22.13 billion dollars in mid-December 2025 from 19.5 billion dollars in mid-July 2025.
"Based on the imports of the first five months of the ongoing fiscal year, the foreign exchange reserves are sufficient to cover prospective merchandise imports of 21.7 months, and merchandise and services imports of 18.2 months," the report reads.
According to the country's central bank, Nepal registered a surplus of 2.54 billion dollars in the balance of payments during the review period, compared with a surplus of 1.18 billion dollars in the same period of the previous fiscal year. ■
