December 15: The country received remittances worth Rs 477.96 billion in the first four months of the current fiscal year, according to the latest report of Nepal Rastra Bank.    
The Current Macroeconomic and Financial Situation Report of Nepal released by the central bank on Thursday shows that the inflow of remittance increased by 26.4 percent to reach Rs 477.96 billion as of mid-November in the current FY against 20.4 percent increase in remittance inflow in the corresponding period of the previous year.    
In terms of the US dollar, remittance inflow increased 23.1 percent this year to 3.60 billion against 10.8 percent in the corresponding of last year.    
In the review period, the number of Nepali workers, both institutional and individual, taking first-time approval for foreign employment stood at 137,475 while those taking approval for renew entry was 68,841. Last year, such numbers were 196,735 and 87,428 respectively. According to the NRB report, the net transfer increased 24.9 percent to Rs 521.40 billion in the review period. Such a transfer had increased 20.2 percent in the same period of the last fiscal year.