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 increased marginally over the previous year. The level of reserve decreased marginally over previous month after continuous increase in six months. The year on year growth of reserve became positive for the second time past nine months. Based on the imports of five months of current fiscal year, the foreign exchange holdings of the banking sector is sufficient to cover the prospective merchandise imports of 9.5 months, and merchandise and services imports of 8.3 months.

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