Foreign exchange reserves increased by 27 trillion, 6 trillion 36 billion in the year

At the end of last June, foreign exchange reserves in US dollars reached 19 billion 500 million. It increased by 27.7 percent compared to the previous June.

Bhadra 8, 2082

Kantipur Reporter

Foreign exchange reserves increased by 27 trillion, 6 trillion 36 billion in the year

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The country's foreign exchange reserves have reached 26 trillion 77 billion 68 billion rupees. It has increased by 31.2 percent compared to the previous financial year. This has increased foreign exchange reserves by 6 trillion 36 billion 58 billion in the last one year. At the end of June 2081, the total foreign exchange reserves were 20 trillion 41 billion 10 million rupees.

At the end of last June, foreign exchange reserves in US dollars reached 19 billion 500 million. It increased by 27.7 percent compared to the previous June. In June 2008, the total foreign exchange reserves were 15 billion 27 billion.

Based on the import of the financial year 2081/82, the National Bank claims that the foreign exchange reserves held by the banking sector will be sufficient to support 18.2 months of goods imports and 15.4 months of goods and services imports. Rastra Bank has set a target of maintaining foreign currency reserves of at least 7 months for the current financial year. 

Kantipur

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