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<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to the current macroeconomic and financial situation report of the country unveiled by the Nepal Rastra Bank (NRB) on Wednesday (December 15), the BOP remained at a deficit of 1.26 billion in terms of US dollars in the review period against a surplus of 931.7 million in the same period of the previous year.</span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The report states that the current account remained at a deficit of Rs 223.19 billion in the review period against a surplus of Rs 19.01 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 1.88 billion in the review period against a surplus of 158.6 million in the same period last year. </span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">In the review period, capital transfer decreased 39.3 percent to Rs 2.52 billion and net foreign direct investment (FDI) increased 77.0 percent to Rs 6.63 billion, the report further states. In the same period of the previous year, capital transfer and net FDI amounted to Rs 4.15 billion and Rs 3.75 billion respectively.</span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Similarly, gross foreign exchange reserves decreased 11.0 percent to Rs 1244.85 billion in mid-November 2021 from Rs 1399.03 billion in mid-July 2021. </span></span></p>
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'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">December 15: Balance of Payments (BOP) of Nepal remained at a deficit of Rs 150.38 billion in the fourth month of the current fiscal year against a surplus of Rs 110.65 billion in the same period of the previous year.</span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to the current macroeconomic and financial situation report of the country unveiled by the Nepal Rastra Bank (NRB) on Wednesday (December 15), the BOP remained at a deficit of 1.26 billion in terms of US dollars in the review period against a surplus of 931.7 million in the same period of the previous year.</span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The report states that the current account remained at a deficit of Rs 223.19 billion in the review period against a surplus of Rs 19.01 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 1.88 billion in the review period against a surplus of 158.6 million in the same period last year. </span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">In the review period, capital transfer decreased 39.3 percent to Rs 2.52 billion and net foreign direct investment (FDI) increased 77.0 percent to Rs 6.63 billion, the report further states. In the same period of the previous year, capital transfer and net FDI amounted to Rs 4.15 billion and Rs 3.75 billion respectively.</span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Similarly, gross foreign exchange reserves decreased 11.0 percent to Rs 1244.85 billion in mid-November 2021 from Rs 1399.03 billion in mid-July 2021. </span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Of the total foreign exchange reserves, reserves held by NRB decreased 11.0 percent to Rs 1107.47 billion in mid-November 2021 from Rs 1244.63 billion in mid-July 2021. Reserves held by banks and financial institutions (except NRB) decreased 11.0 percent to Rs 137.38 billion in mid-November 2021 from Rs 154.39 billion in mid-July 2021. The share of Indian currency in total reserves stood at 26.1 percent in mid-November 2021. </span></span></p>
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<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to the current macroeconomic and financial situation report of the country unveiled by the Nepal Rastra Bank (NRB) on Wednesday (December 15), the BOP remained at a deficit of 1.26 billion in terms of US dollars in the review period against a surplus of 931.7 million in the same period of the previous year.</span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The report states that the current account remained at a deficit of Rs 223.19 billion in the review period against a surplus of Rs 19.01 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 1.88 billion in the review period against a surplus of 158.6 million in the same period last year. </span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">In the review period, capital transfer decreased 39.3 percent to Rs 2.52 billion and net foreign direct investment (FDI) increased 77.0 percent to Rs 6.63 billion, the report further states. In the same period of the previous year, capital transfer and net FDI amounted to Rs 4.15 billion and Rs 3.75 billion respectively.</span></span></p>
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<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The report states that the current account remained at a deficit of Rs 223.19 billion in the review period against a surplus of Rs 19.01 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 1.88 billion in the review period against a surplus of 158.6 million in the same period last year. </span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">In the review period, capital transfer decreased 39.3 percent to Rs 2.52 billion and net foreign direct investment (FDI) increased 77.0 percent to Rs 6.63 billion, the report further states. In the same period of the previous year, capital transfer and net FDI amounted to Rs 4.15 billion and Rs 3.75 billion respectively.</span></span></p>
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<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to the current macroeconomic and financial situation report of the country unveiled by the Nepal Rastra Bank (NRB) on Wednesday (December 15), the BOP remained at a deficit of 1.26 billion in terms of US dollars in the review period against a surplus of 931.7 million in the same period of the previous year.</span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The report states that the current account remained at a deficit of Rs 223.19 billion in the review period against a surplus of Rs 19.01 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 1.88 billion in the review period against a surplus of 158.6 million in the same period last year. </span></span></p>
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<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to the current macroeconomic and financial situation report of the country unveiled by the Nepal Rastra Bank (NRB) on Wednesday (December 15), the BOP remained at a deficit of 1.26 billion in terms of US dollars in the review period against a surplus of 931.7 million in the same period of the previous year.</span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The report states that the current account remained at a deficit of Rs 223.19 billion in the review period against a surplus of Rs 19.01 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 1.88 billion in the review period against a surplus of 158.6 million in the same period last year. </span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">In the review period, capital transfer decreased 39.3 percent to Rs 2.52 billion and net foreign direct investment (FDI) increased 77.0 percent to Rs 6.63 billion, the report further states. In the same period of the previous year, capital transfer and net FDI amounted to Rs 4.15 billion and Rs 3.75 billion respectively.</span></span></p>
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<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to the current macroeconomic and financial situation report of the country unveiled by the Nepal Rastra Bank (NRB) on Wednesday (December 15), the BOP remained at a deficit of 1.26 billion in terms of US dollars in the review period against a surplus of 931.7 million in the same period of the previous year.</span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The report states that the current account remained at a deficit of Rs 223.19 billion in the review period against a surplus of Rs 19.01 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 1.88 billion in the review period against a surplus of 158.6 million in the same period last year. </span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">In the review period, capital transfer decreased 39.3 percent to Rs 2.52 billion and net foreign direct investment (FDI) increased 77.0 percent to Rs 6.63 billion, the report further states. In the same period of the previous year, capital transfer and net FDI amounted to Rs 4.15 billion and Rs 3.75 billion respectively.</span></span></p>
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<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The report states that the current account remained at a deficit of Rs 223.19 billion in the review period against a surplus of Rs 19.01 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 1.88 billion in the review period against a surplus of 158.6 million in the same period last year. </span></span></p>
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December 15: Balance of Payments (BOP) of Nepal remained at a deficit of Rs 150.38 billion in the fourth month of the current fiscal year against a surplus of Rs 110.65 billion in the same period of the previous year.
According to the current macroeconomic and financial situation report of the country unveiled by the Nepal Rastra Bank (NRB) on Wednesday (December 15), the BOP remained at a deficit of 1.26 billion in terms of US dollars in the review period against a surplus of 931.7 million in the same period of the previous year.
The report states that the current account remained at a deficit of Rs 223.19 billion in the review period against a surplus of Rs 19.01 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 1.88 billion in the review period against a surplus of 158.6 million in the same period last year.
In the review period, capital transfer decreased 39.3 percent to Rs 2.52 billion and net foreign direct investment (FDI) increased 77.0 percent to Rs 6.63 billion, the report further states. In the same period of the previous year, capital transfer and net FDI amounted to Rs 4.15 billion and Rs 3.75 billion respectively.
Similarly, gross foreign exchange reserves decreased 11.0 percent to Rs 1244.85 billion in mid-November 2021 from Rs 1399.03 billion in mid-July 2021.
Of the total foreign exchange reserves, reserves held by NRB decreased 11.0 percent to Rs 1107.47 billion in mid-November 2021 from Rs 1244.63 billion in mid-July 2021. Reserves held by banks and financial institutions (except NRB) decreased 11.0 percent to Rs 137.38 billion in mid-November 2021 from Rs 154.39 billion in mid-July 2021. The share of Indian currency in total reserves stood at 26.1 percent in mid-November 2021.
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<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The report states that the current account remained at a deficit of Rs 223.19 billion in the review period against a surplus of Rs 19.01 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 1.88 billion in the review period against a surplus of 158.6 million in the same period last year. </span></span></p>
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<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The report states that the current account remained at a deficit of Rs 223.19 billion in the review period against a surplus of Rs 19.01 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 1.88 billion in the review period against a surplus of 158.6 million in the same period last year. </span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">In the review period, capital transfer decreased 39.3 percent to Rs 2.52 billion and net foreign direct investment (FDI) increased 77.0 percent to Rs 6.63 billion, the report further states. In the same period of the previous year, capital transfer and net FDI amounted to Rs 4.15 billion and Rs 3.75 billion respectively.</span></span></p>
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<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The report states that the current account remained at a deficit of Rs 223.19 billion in the review period against a surplus of Rs 19.01 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 1.88 billion in the review period against a surplus of 158.6 million in the same period last year. </span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">In the review period, capital transfer decreased 39.3 percent to Rs 2.52 billion and net foreign direct investment (FDI) increased 77.0 percent to Rs 6.63 billion, the report further states. In the same period of the previous year, capital transfer and net FDI amounted to Rs 4.15 billion and Rs 3.75 billion respectively.</span></span></p>
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<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to the current macroeconomic and financial situation report of the country unveiled by the Nepal Rastra Bank (NRB) on Wednesday (December 15), the BOP remained at a deficit of 1.26 billion in terms of US dollars in the review period against a surplus of 931.7 million in the same period of the previous year.</span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The report states that the current account remained at a deficit of Rs 223.19 billion in the review period against a surplus of Rs 19.01 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 1.88 billion in the review period against a surplus of 158.6 million in the same period last year. </span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">In the review period, capital transfer decreased 39.3 percent to Rs 2.52 billion and net foreign direct investment (FDI) increased 77.0 percent to Rs 6.63 billion, the report further states. In the same period of the previous year, capital transfer and net FDI amounted to Rs 4.15 billion and Rs 3.75 billion respectively.</span></span></p>
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<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The report states that the current account remained at a deficit of Rs 223.19 billion in the review period against a surplus of Rs 19.01 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 1.88 billion in the review period against a surplus of 158.6 million in the same period last year. </span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">In the review period, capital transfer decreased 39.3 percent to Rs 2.52 billion and net foreign direct investment (FDI) increased 77.0 percent to Rs 6.63 billion, the report further states. In the same period of the previous year, capital transfer and net FDI amounted to Rs 4.15 billion and Rs 3.75 billion respectively.</span></span></p>
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<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The report states that the current account remained at a deficit of Rs 223.19 billion in the review period against a surplus of Rs 19.01 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 1.88 billion in the review period against a surplus of 158.6 million in the same period last year. </span></span></p>
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<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to the current macroeconomic and financial situation report of the country unveiled by the Nepal Rastra Bank (NRB) on Wednesday (December 15), the BOP remained at a deficit of 1.26 billion in terms of US dollars in the review period against a surplus of 931.7 million in the same period of the previous year.</span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The report states that the current account remained at a deficit of Rs 223.19 billion in the review period against a surplus of Rs 19.01 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 1.88 billion in the review period against a surplus of 158.6 million in the same period last year. </span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">In the review period, capital transfer decreased 39.3 percent to Rs 2.52 billion and net foreign direct investment (FDI) increased 77.0 percent to Rs 6.63 billion, the report further states. In the same period of the previous year, capital transfer and net FDI amounted to Rs 4.15 billion and Rs 3.75 billion respectively.</span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Similarly, gross foreign exchange reserves decreased 11.0 percent to Rs 1244.85 billion in mid-November 2021 from Rs 1399.03 billion in mid-July 2021. </span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Of the total foreign exchange reserves, reserves held by NRB decreased 11.0 percent to Rs 1107.47 billion in mid-November 2021 from Rs 1244.63 billion in mid-July 2021. Reserves held by banks and financial institutions (except NRB) decreased 11.0 percent to Rs 137.38 billion in mid-November 2021 from Rs 154.39 billion in mid-July 2021. The share of Indian currency in total reserves stood at 26.1 percent in mid-November 2021. </span></span></p>
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'title' => 'Country’s Balance of Payments in Deficit of Rs 150 Billion',
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'summary' => 'December 15: Balance of Payments (BOP) of Nepal remained at a deficit of Rs 150.38 billion in the fourth month of the current fiscal year against a surplus of Rs 110.65 billion in the same period of the previous year.',
'content' => '<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">December 15: Balance of Payments (BOP) of Nepal remained at a deficit of Rs 150.38 billion in the fourth month of the current fiscal year against a surplus of Rs 110.65 billion in the same period of the previous year.</span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">According to the current macroeconomic and financial situation report of the country unveiled by the Nepal Rastra Bank (NRB) on Wednesday (December 15), the BOP remained at a deficit of 1.26 billion in terms of US dollars in the review period against a surplus of 931.7 million in the same period of the previous year.</span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">The report states that the current account remained at a deficit of Rs 223.19 billion in the review period against a surplus of Rs 19.01 billion in the same period of the previous year. In the US Dollar terms, the current account registered a deficit of 1.88 billion in the review period against a surplus of 158.6 million in the same period last year. </span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">In the review period, capital transfer decreased 39.3 percent to Rs 2.52 billion and net foreign direct investment (FDI) increased 77.0 percent to Rs 6.63 billion, the report further states. In the same period of the previous year, capital transfer and net FDI amounted to Rs 4.15 billion and Rs 3.75 billion respectively.</span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Similarly, gross foreign exchange reserves decreased 11.0 percent to Rs 1244.85 billion in mid-November 2021 from Rs 1399.03 billion in mid-July 2021. </span></span></p>
<p><span style="font-size:16px"><span style="font-family:Calibri,"sans-serif"">Of the total foreign exchange reserves, reserves held by NRB decreased 11.0 percent to Rs 1107.47 billion in mid-November 2021 from Rs 1244.63 billion in mid-July 2021. Reserves held by banks and financial institutions (except NRB) decreased 11.0 percent to Rs 137.38 billion in mid-November 2021 from Rs 154.39 billion in mid-July 2021. The share of Indian currency in total reserves stood at 26.1 percent in mid-November 2021. </span></span></p>
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