Foreign Exchange Reserves increased marginally over the previous year. The level of reserve continued to increase marginally over previous month after it reached at lowest level five months back. The […]
Gross Foreign Exchange Reserve of Nepalese Financial System. Source: Nepal Rastra Bank
Foreign Exchange Reserves increased marginally over the previous year. The level of reserve continued to increase marginally over previous month after it reached at lowest level five months back. The year on year growth of reserve became positive for the first time past eight months. Based on the imports of four months of current fiscal year, the foreign exchange holdings of the banking sector is sufficient to cover the prospective merchandise imports of 9.9 months, and merchandise and services imports of 8.7 months.
LD Mahat is a Chartered Accountant, Financial Adviser and Risk Management Specialist possessing over 29 years of diverse experience across several sectors covering a wide spectrum of assurance, business advisory and taxation disciplines. LD is a committed, highly motivated and result-oriented professional, consistently developing and nurturing client relationship and building long-lasting relationships with diverse clients. He has the ability to define issues, propose customized solutions that significantly add value and contribute to client’s success.
LD has got master’s in risk management form New York University, Stern Business School. He has undergone executive education at Harvard Business School and Insead Business School. He was risk management specialist in several Asian Development Bank Funded projects. He has provided risk management advisory services in various Nepalese corporate sectors.
LD has worked on large projects jointly with big 4 international accounting firms ~ PwC, Deloittee, Ernst & Young and KPMG in the field of Assurance, Diagnostic Review, Capacity Building, e-Government Procurement, e-Governance, Special Review, Investment Climate, and IFRS Implementation.