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Nepal’s external position strengthens despite persistent trade deficit

KATHMANDU: Nepal’s foreign currency reserves have climbed to historic high, underpinned by a sharp balance-of-payments (BoP) surplus that has significantly strengthened the country’s external sector at a time of subdued imports and resilient foreign inflows. According to the latest report of Nepal Rastra Bank (NRB), the overall BoP surplus...

Nepal’s external position strengthens despite persistent trade deficit
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