Macroeconomic Summary of First 8 Months: Forex Reserves Reach Record Rs. 3,413.77B, Inflation at 3.62%, Remittances Surge 37.7%
Summary
Nepal Rastra Bank reports Nepal's inflation at 3.62%, foreign exchange reserves reaching a record Rs. 3,413.77 billion, and remittance inflows surging 37.7% in the first eight months of FY 2025/26.
Key Points
- Nepal's gross foreign exchange reserves reached a record Rs. 3,413.77 billion, sufficient to cover 18.5 months of merchandise and services imports.
- Inflation remained steady at 3.62% year-over-year as of mid-March 2026, slightly down from 3.75% a year ago.
- Remittance inflows surged 37.7% to Rs.1449.65 billion, significantly higher than the previous year.
- Merchandise exports grew 20.8%, while merchandise imports increased by 12.5%, leading to an 11.2% rise in total trade deficit.
