Remittance inflows surge 33.1 percent to Rs 352 billion in two months of FY 2025/26
Summary
Remittance inflows to Nepal surged 33.1% to Rs 352 billion in the first two months of FY 2025/26, with foreign employment approvals rising and foreign exchange reserves increasing 7.6%.
Key Points
- Remittance inflows increased by 33.1 percent to Rs 352.08 billion in the first two months of FY 2025/26.
- Net secondary income reached Rs 384.88 billion, showing substantial growth from the previous year.
- Nepali migrant workers obtained 90,198 first-time foreign employment approvals, higher than last year.
- Gross foreign exchange reserves rose 7.6 percent to Rs 2,881.35 billion, sufficient for over 19 months of merchandise imports.
