The National Bank has stated that it is sufficient to cover 21.7 months of goods imports and 18.2 months of goods and services imports.
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Nepal Rastra Bank has stated that it has foreign exchange reserves sufficient to cover 21.7 months of commodity imports. The Rastra Bank, while making public its five-month monthly report, stated that it is sufficient to cover 21.7 months of commodity imports.
The National Bank has stated that it is sufficient to cover 21.7 months of goods imports and 18.2 months of goods and services imports. 'Based on the imports up to five months of the fiscal year 2082/83, the foreign exchange (currency) reserves held by the banking sector are sufficient to cover 21.7 months of goods imports and 18.2 months of goods and services imports,' the report states.
According to the National Bank, the total foreign exchange reserves have reached 32 trillion 1 billion 47 million as of mid-Mansir of the current fiscal year. According to the National Bank, it was 26 trillion 77 billion 68 million as of mid-Ashar 2082.
The ratio of foreign exchange reserves to gross domestic product (GDP) as of mid-Mansir 2082 is 52.4 percent, to total imports 151.9 percent, and to broad money supply 39.4 percent. At the end of Asar 2082, these ratios were 43.8 percent, 128.1 percent, and 34.1 percent, respectively.
