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Depletion of Nepal’s forex reserve continues, reserves sufficient to finance imports for only 6.7 months

KATHMANDU: Indicating deteriorating state of the economy, country’s balance of Payments (BoP) remained at a deficit of Rs 258.64 billion in the first eight months of fiscal year 2021-22 against a surplus of Rs 68.01 billion in the same period of the previous year. As per Nepal Rastra Bank...

Depletion of Nepal’s forex reserve continues, reserves sufficient to finance imports for only 6.7 months
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