Inflation soars to 7.11 percent, remittance,foreign exchange reserve depleting

KATHMANDU: The year-on-year consumer price inflation has stood at 7.11 percent in the fifth month of current fiscal 2021/22 compared to only 2.93 percent a year ago. According to the current macroeconomic and financial situation report published by Nepal Rastra Bank (NRB) based on five months’ data ending mid-December, 2021,...