Forex Reserve : Chaitra 2076
Gross Foreign Exchange Reserves of Nepalese Financial Systems for Chaitra 2076 (Mid-Apr 2020) increased by 10% over the previous year. Also, the level of reserve increased significantly over previous month. […]
Grow Through Proactive Risk Management
Gross Foreign Exchange Reserves of Nepalese Financial Systems for Chaitra 2076 (Mid-Apr 2020) increased by 10% over the previous year. Also, the level of reserve increased significantly over previous month. […]
Gross Foreign Exchange Reserves of Nepalese Financial Systems for Chaitra 2076 (Mid-Apr 2020) increased by 10% over the previous year. Also, the level of reserve increased significantly over previous month. The year on year growth of reserve became positive for the six times past twelve months. Based on the imports of nine months of current fiscal year, the foreign exchange holdings of the banking sector is sufficient to cover the prospective merchandise imports of 10.7 months, and merchandise and services imports of 9.5 months. However, situation will become worse due to effect of COVID-19 in the days to come.
Months Short | Months Full | Equivalent English Month |
S | Shrawan | Mid July to Mid August |
Bh | Bhadra | Mid Aug to Mid Sep |
As | Ashwin | Mid Sep to Mid October |
Ka | Kartik | Mid Oct to Mid November |
M | Mangsir | Mid Nov to Mid December |
P | Poush | Mid Dec to Mid January |
M | Magh | Mid Jan to Mid February |
F | Falgun | Mid Feb to Mid March |
C | Chaitra | Mid March to Mid April |
B | Baishak | Mid April to Mid May |
J | Jestha | Mid May to Mid June |
A | Ashadh | Mid June to Mid July |
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