Balance of Payments at a Surplus of Rs 147.11 Billion: NRB   

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Balance of Payments at a Surplus of Rs 147.11 Billion: NRB   

December 15: The country's Balance of Payments (BoP) remained at a surplus of Rs 147.11 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 published by the central bank on Thursday shows that the BOP remained at a surplus of Rs 147.11 billion in the review period against a surplus of Rs 20.03 billion in the same period of the previous fiscal year.      

In terms of the US dollar, the BOP remained at a surplus of 1.11 billion in the review period against a surplus of 149.6 million in the same period of last fiscal year.

Similarly, the current account remained at a surplus of Rs 96.38 billion in the review period against a deficit of Rs 37.79 billion in the corresponding period last year. In terms of the US dollar, the current account registered a surplus of 725.1 million in the review period against a deficit of 296.1 million in the same period last year.    
In the review period, capital transfer decreased 46.6 percent to Rs 1.59 billion and net foreign direct investment (FDI) remained positive of Rs 3.64 billion, the report stated. In the same period of the previous year, capital transfer amounted to Rs 2.97 billion and net FDI amounted to Rs 429.2 million.    

 

 

 


 

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