Nations

BoP at deficit of Rs 255 billion, foreign reserve decline by 18 percent

KATHMANDU: Gross foreign exchange reserves has continued to decline adding pressure to the economy. As per Nepal Rastra Bank (NRB), the such reserve decreased by 13.1 percent to Rs.1215.80 billion in mid-July 2022 from Rs.1399.03 billion in mid-July 2021. In the US dollar terms, the gross foreign exchange reserves decreased...

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