Inflation on the rise with deficit balance of payments
24 Jan 2025
KATHMANDU: Inflation and balance of payments deficit have increased in the first nine months of the current fiscal year.
According to economic and financial report released today by Nepal Rastra Bank for the first nine months of the current fiscal year, the annual consumer inflation of the country remained 7.28 percent last Chait (mid-March to mid-April) against 6.14 percent in the corresponding month of the previous year.
Likewise, the balance of payment stood at a deficit of Rs. 268.26 billion during the review period.
The total foreign exchange reserves decreased by 16.5 percent to Rs. 1,16...
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