Nepal’s Macroeconomic Indicators Remain Stable: NRB Report
Summary
Nepal's macroeconomic indicators remain stable with low inflation at 2.42%, robust foreign reserves covering 18.1 months of imports, and significant growth in remittance inflows and exports.
Key Points
- Year-on-year inflation in Nepal stood at 2.42 percent during the review period.
- Nepal's foreign exchange reserves reached Rs 3,242.45 billion, sufficient for 18.1 months of imports.
- Remittance inflows increased sharply by 39.1 percent in Nepali rupee terms.
- Exports rose by 43.8 percent, while imports increased by 14.2 percent in the external trade sector.