Foreign exchange reserve above Rs 15 billion till mid-November

KATHMANDU: Country’s foreign exchange reserves has increased by 7.4 percent to 1506.06 billion rupees till mid-November, as per the Current Macroeconomic and Financial Situation Report of the first four months of 2020-21 released by Nepal Rastra Bank (NRB) on Monday.

In the US Dollar terms, the gross foreign exchange reserves increased 8.6 percent to 12.65 billion in mid-November 2020 from 11.65 billion in mid-July 2020. 22.

As per the report, reserves held by the central bank increased by 8.6 percent to 1332.06 billion rupees in mid-November while reserves held by banks and financial institutions decreased 1.0 percent to 173.99 billion rupees.

Fiscal Nepal |
Tuesday December 22, 2020, 11:30:26 AM |

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