Seven months of the current fiscal year have seen the current account remain in surplus

The current account remained at a surplus of Rs.166.80 billion within the audit period compared to a surplus of Rs.162.52 billion within the same period of the past year, Nepal Rastra Bank (NRB) expressed in its 'Current Macroeconomic and Financial Situation of Nepal (Based on Seven Months Data Finishing Mid-February 2024/25) Report

Within the US Dollar terms, the current account enlisted an excess of 1.24 billion in the review period against a surplus of 1.22 billion in the same period final year.

Within the audit period, net capital exchange amounted to Rs.5.83 billion. Within the same period of the past year, such exchange summed to Rs.3.80 billion.

Essentially, within the audit period, Rs.7.45 billion foreign direct investment (value as it were) was received. Within the same period of the previous year, remote coordinate investment inflow (value as it were) amounted to Rs.5.19 billion.

Balance of Payments (BOP) remained at an excess of Rs.284.41 billion within the audit period compared to an overflow of Rs.297.72 billion within the same period of the past year. Within the US Dollar terms, the BOP remained at an excess of 2.11 billion in the audit period compared to an overflow of 2.24 billion in the same period of the past year.

Foreign Exchange Reserves

Gross foreign exchange saves expanded 16.1 percent to Rs.2369.08 billion in mid-February 2025 from Rs.2041.10 billion in mid-July 2024. In the US dollar terms, the net foreign exchange reserves expanded 11.7 percent to 17.05 billion in mid-February 2025 from 15.27 billion in mid-July 2024.

Of the whole remote trade saves, the saves held by NRB expanded 13.9 percent to Rs.2105.14 billion in mid-February 2025 from Rs.1848.55 billion in mid-July 2024.

Saves held by banks and financial institutions (but NRB) expanded 37.1 percent to Rs.263.93 billion in mid-February 2025 from Rs.192.55 billion in mid-July 2024. The share of Indian money in add up to saves stood at 22.0 percent in mid-February 2025.