The country’s Balance of Payments registered a deficit of Rs 15.15 billion in the 11th month of the current fiscal year 2020/21 against a surplus of Rs 179.37 billion in the corresponding period of the previous year.
The country’s current account remained at a deficit of Rs 247.08 billion in the 10th month of the current fiscal year compared to a deficit of Rs 96.18 billion in the same period of the previous year.
As per the macroeconomic report published by Nepal Rastra Bank, the year-on-year consumer price inflation stood at 3.02 per cent in the eighth month of fiscal 2020/21.
The US economy is poised for an extended period of strong growth and hiring, the chair of the Federal Reserve said in an interview broadcast Sunday, though the coronavirus still poses some risk.
