Gross Foreign Exchange Reserves of Nepalese Financial System: Ashadh 2076 (Mid July 2019)

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Gross Foreign Exchange Reserve of Nepalese Financial System. Source: Nepal Rastra Bank
Gross Foreign Exchange Reserve of Nepalese Financial System. Source: Nepal Rastra Bank

Foreign Exchange Reserves decreased by 5.78% over the previous year. The level of reserve increased marginally over previous month after it reached at lowest level in previous month. Based on the imports of ten months of current fiscal year, the foreign exchange holdings of the banking sector is sufficient to cover the prospective merchandise imports of 8.9 months, and merchandise and services imports of 7.8 months.

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