Foreign exchange reserves increased by 5 trillion 52 billion in 11 months

Ashad 24, 2082

Kantipur Reporter

Foreign exchange reserves increased by 5 trillion 52 billion in 11 months

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In the 11 months of the current fiscal year (from July to May), the country's foreign exchange reserves have increased by 5 trillion 28 billion 29 billion.

According to which, at the end of May, it has reached 25 trillion 69 billion 38 million. It has increased by 25.9 percent compared to last June. It was equal to 20 trillion 41 billion 10 million at the end of June 2008. The share of Indian currency in the total foreign exchange reserves at the end of May 2082 is 20.5 percent.

According to the Rastra Bank, such reserves in US dollars increased by 22.2 percent to 18.65 billion at the end of May 2082 from 15.27 billion at the end of June 2081.

Based on the import of eleven months of financial year 2081/82, Rasht Bank claims that the foreign exchange reserves with the banking sector will be enough to support 17.6 months of goods imports and 14.7 months of goods and services imports.

Kantipur

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