Nepal influxes over Rs 2.12 trillion in remittance during first 11 months of current fiscal year

Summary

Nepal received over Rs 2.12 trillion in remittances during the first eleven months of the current fiscal year, marking a 38.2% increase from the previous year.

Key Points
  • Nepal received over Rs 2.12 trillion in remittances in the first 11 months of the fiscal year.
  • Remittance inflow increased by 38.2% compared to the same period last year.
  • In US dollar terms, remittance rose by 29.6% reaching USD 14.59 billion.
  • Rs 203.89 billion in remittance was received in just one month from mid-May to mid-June.
Article image