Nepal has received over Rs 21 kharba 20 arba in remittance during the first eleven months of the current fiscal year.
Massive Rise in Remittance Inflow
Nepal has received a total of Rs 21 kharba 20 arba 80 crore in remittance during the eleven months of the current fiscal year. According to the “Current Macroeconomic and Financial Situation Report” released by Nepal Rastra Bank on Monday, the remittance inflow have increased by 38.2 percent to reach this amount.
Monthly Remittance in Jeth
The central bank data shows that in the single month of Jeth alone, Nepal received Rs 2 kharba 3 arba 89 crore in remittance. This is quite high compared to last year Jeth, when the remittance inflow was Rs 1 kharba 76 arba 32 crore.
Growth in US Dollar Terms
In US dollar terms, the remittance inflow increased by 29.6 percent to reach 14 arba 59 crore USD during the review period. In the same period of previous year, such inflow had only increased by 12.8 percent, according to Nepal Rastra Bank.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
