NRB reports robust remittance growth amid rising labor migration
Summary
Nepal Rastra Bank reports a 39.1% increase in remittance inflows reaching over Rs 1.62 trillion in the first half of the fiscal year, driven by rising labor migration.
Key Points
- Remittance inflows to Nepal grew by 39.1% in the first six months of the fiscal year.
- Total remittances exceeded Rs 1.62 trillion during this period.
- In US dollar terms, remittances increased by 32.3% to USD 7.50 billion.
- Around 400,000 Nepalis obtained new or renewed labor permits from December 16, 2025 to January 14.
- One month remittance inflows from December 16, 2025 to January 14 exceeded Rs 192 billion.