Forex Reserve : Feb 2021
Gross Foreign Exchange Reserves of Nepalese Financial Systems for as Mid-Feb 2021 (Magh 2077) increased by 33.3% over the previous year. The level of reserve decreased marginally over previous month. […]
Grow Through Proactive Risk Management
Gross Foreign Exchange Reserves of Nepalese Financial Systems for as Mid-Feb 2021 (Magh 2077) increased by 33.3% over the previous year. The level of reserve decreased marginally over previous month. […]
Gross Foreign Exchange Reserves of Nepalese Financial Systems for as Mid-Feb 2021 (Magh 2077) increased by 33.3% over the previous year. The level of reserve decreased marginally over previous month. Based on the imports of first seven months of current fiscal year, the foreign exchange holdings of the banking sector is sufficient to cover the prospective merchandise imports of 13.1 months, and merchandise and services imports of 11.9 months. The improvement is due to twin effect of increased remittance and decreased imports.
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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