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Last November too, the foreign exchange reserves again set a new record. Compared to last June, foreign exchange reserves increased by 11.5 percent and reached 22 trillion 73 billion 26 billion rupees. This is the highest ever. Foreign exchange reserves have been making new records every month.
Last June, the country's total foreign exchange reserves were 20 trillion 41 billion 10 million. According to the National Bank's monthly report, such reserves in US dollars were 15.27 billion at the end of June 2081, and increased by 9.7 percent to 16.76 billion at the end of December 2081.
fiscal year 2081/082 Based on five months of imports, the foreign exchange reserves held by the banking sector will be sufficient to support 17.6 months of goods imports and 14.6 months of goods and services imports, according to the Rastra Bank. The National Bank had set a target of maintaining foreign exchange reserves sufficient to cover imports for at least 6 months in the current financial year.
Similarly, at the end of November 2081, the ratios of foreign exchange reserves to gross domestic product, total imports, and broad money supply are 39.8 percent, 121.6 percent, and 31.6 percent, respectively.
