Nepal Rastra Bank Reports Foreign Exchange Reserves at Record High
- Event Title
- Nepal Rastra Bank Reports Foreign Exchange Reserves at Record High
- Details
Overview
Nepal Rastra Bank reported record-high foreign exchange reserves in the fiscal year 2025/26, bolstered by surging remittance inflows. As of mid-2025, Nepal's foreign exchange reserves were sufficient to cover over seven months of merchandise and services imports.
Key Factors
- Remittance Inflows: Record remittances—crossing Rs 200 billion per month for the first time in Ashoj 2082—played a decisive role in building the reserve buffer.
- Impact: Rising forex reserves helped stabilize the Nepali rupee and maintain import coverage.
- Source: The NRB attributed the strong reserve position to the sustained growth in worker remittances from Gulf countries, Malaysia, and other destinations.
- Date
- 2025-12-01
- Category
- Economy
- CMAT Significance
- Medium CMAT priority — forex reserve coverage (7+ months of imports), link to remittances, and NRB data are economy GK items.