According to the Rastra Bank, such reserves in US dollars were 19.5 billion at the end of June 2082 and increased by 4.7 percent to 20.41 billion at the end of August 2082.
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As of last August, the country's foreign exchange (currency) reserves have reached 28 trillion 81 billion 35 billion rupees. Compared to last June, the total foreign exchange reserves increased by 7.6 percent. At the end of last June, such reserves were 26 trillion 77 billion 68 billion rupees.
According to the Rastra Bank, such reserves in US dollars increased by 4.7 percent to 20.41 billion at the end of August 2082 from 19.5 billion at the end of June 2082.
Based on the imports of the second month of the financial year 2082/83, the foreign exchange reserves held by the banking sector will be sufficient to support 19.7 months of goods imports and 16 months of goods and services imports.
This year, the National Bank had set a target of maintaining foreign exchange reserves sufficient to cover seven months of imports.
