Economy
Inflation soars to 5.97 percent, remittance, foreign exchange reserve depleting
Highlights CPI-based Inflation remained 5.97 percent on y-o-y basis. Imports increased 42.8 percent and exports increased 88.3 percent. Remittances decreased 4.9 percent in NPR terms and 5.8 percent in USD terms. Balance of Payments remained at a deficit of Rs.247.03 billion. Gross foreign exchange reserves stood at USD 9.75...
