Nepal Rastra Bank (NRB) is moving to reverse a fast-depleting foreign exchange reserve by discouraging the import of non-essential goods and helping enterprises to borrow from abroad.
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.
The central bank, today, said remittance inflows increased by 16.5 per cent to Rs 729.02 billion in the review period against a decrease of 4.2 per cent.
1654257162_480X320.jpeg)
1649422106_480X320.jpeg)
