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

Foreign Exchange Reserves increased marginally over the previous year. The level of reserve increased marginally over previous month. The year on year growth of reserve became positive for the fourth time past ten months. Based on the imports of seven months of current fiscal year, the foreign exchange holdings of the banking sector is sufficient to cover the prospective merchandise imports of 9.7 months, and merchandise and services imports of 8.5 months.

Acronym for Months used in X- Axis of Graph

Months ShortMonths FullEquivalent English Month
SShrawanMid July to Mid August
BhBhadraMid Aug to Mid Sep
AsAshwinMid Sep to Mid October
KaKartikMid Oct to Mid November
MMangsirMid Nov to Mid December
PPoushMid Dec to Mid January
MMaghMid Jan to Mid February
FFalgunMid Feb to Mid March
CChaitraMid March to Mid April
BBaishakMid April to Mid May
JJesthaMid May to Mid June
AAshadhMid June to Mid July
Acronym

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