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Nepal Sees 33% Surge in Remittance Inflows, Strengthening External Sector Stability

Nepal Rastra Bank has reported a sharp 33.1% rise in remittance inflows, totaling Rs 352.08 billion in the first two months of FY 2025/26, a significant boost compared to last year’s 15.8% growth.

NN

Nepal Verified News

Wed Oct 15 2025

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Nepal’s remittance inflows have continued their strong momentum, reaching Rs 352.08 billion in the first two months of the current fiscal year 2025/26, according to the Nepal Rastra Bank (NRB).

 

The central bank’s Macroeconomic and Financial Situation Report, released on October 14, shows a notable improvement from the 15.8 percent increase recorded during the same period last year.

 

From mid-August to mid-September alone, remittance inflows totaled Rs 174.67 billion, up from Rs 127.99 billion a year ago. In US dollar terms, inflows increased 27.6 percent to USD 2.52 billion.

The report also revealed that net secondary income reached Rs 384.88 billion, while the number of Nepalis receiving foreign employment approvals stood at 90,198, with 45,884 renewals, both higher than the previous year.

 

Meanwhile, the current account posted a surplus of Rs 130.69 billion, and the Balance of Payments (BOP) showed a Rs 153.68 billion surplus, indicating strong external performance.

 

Nepal’s foreign exchange reserves also rose 7.6 percent to Rs 2,881.35 billion (USD 20.41 billion), enough to cover imports for nearly 20 months. The Indian currency makes up 22.5 percent of total reserves.

 

According to NRB, improved reserves-to-GDP, reserves-to-imports, and reserves-to-M2 ratios reflect a stable and strengthened external economic position.

 

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