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Remittance inflows increases by almost 40 per cent

Metakhabar by Metakhabar
March 12, 2026
in Business, Featured-news, News, Society
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Nepal receives remittances of 1.112 trillion  rupees in the current fiscal year
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Kathmandu : Remittance inflows increased by 39.8 per cent to Rs.1261.01 billion in the seven months of 2025/26. This is in compared to an increase of 7.5 percent in the same period of the previous year.

During mid-January to mid-February (month of Magh), remittance inflows stood at Rs. 198.08 billion. In the same period of the previous year, such inflows were Rs. 137.50 billion, according to the Nepal Rastra Bank.

Likewise, net secondary income (net transfer) reached Rs.1384.27 billion in the review period. Such income was Rs.986.34 billion in the same period of the previous year. The number of Nepali workers, both institutional and individual, taking first-time approval for foreign employment stands at 245,153 and taking approval for renew entry stands at 227,424.

In the same period of the previous year, such numbers were 274,662 and 190,886 respectively.
Likewise, the current account remained at a surplus of Rs. 493.78 billion in the review period. Such surplus was Rs.184.14 billion in the same period of the previous year.

In the review period, net capital transfer amounted to Rs.11.43 billion. In the same period of the previous year, such transfer amounted to Rs.5.83 billion. Similarly, in the review period, Rs.10.22 billion foreign direct investment (equity only) was received. In the same period of the previous year, foreign direct investment inflow (equity only) amounted to Rs.7.43 billion.

During the review period, Balance of Payments (BOP) remained at a surplus of Rs.572.73 billion. Such surplus was Rs. 284.41 billion in the previous year.
Furthermore, gross foreign exchange reserves increased 23.3 percent to Rs.3302.66 billion in mid-February 2026 from Rs.2677.68 billion in mid-July 2025. In the US dollar terms, the gross foreign exchange reserves increased 16.7 percent to 22.76 billion in mid-February 2026 from 19.50 billion in mid-July 2025. 29.

Of the total foreign exchange reserves, the reserves held by NRB increased 21.2 percent to Rs.2926.99 billion in mid-February 2026 from Rs. 2414.64 billion in mid-July 2025. Reserves held by banks and financial institutions (except NRB) increased 42.8 percent to Rs.375.67 billion in mid- February 2026 from Rs.263.04 billion in mid-July 2025.

The share of Indian currency in total reserves stood at 21.5 percent in mid-February 2026, adds the central bank.

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Price of fuel down
Business

Govt urged to provide petroleum products at concessional rate

by Metakhabar
March 18, 2026
0

Kathmandu, March 18: General Secretary of the Nepali Congress, Pradip Paudel, has urged the government to provide petroleum products at...

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