The country has witnessed a remittance inflow worth over Rs 689 billion in seven months of the current fiscal year, 2022/23.
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KATHMANDU, NOVEMBER 10: The inflow of remittance has increased by 30 percent in the first three months of the current fiscal, according to the Nepal Rastra Bank. During the review period, a total of Rs 365 billion 240 million was remitted to the country. In US dollar terms, the remittance inflow grew by 25.9 percent […]
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For the past several months, the amount of remittance inflow that Nepal receives from its migrant workers is steadily falling down.
The post Remittance inflow continues to fall yet again appeared first on OnlineKhabar English News.
In an unusual economic development in the country, Nepal has recorded a continuous decrease in remittance inflow in the entire first half of the current fiscal year.
The post Remittance inflow continues to fall throughout the fiscal year’s first half appeared first on OnlineKhabar English News.
KATHMANDU, Jan 13: Remittance inflow has been constantly going down, a recent report unveiled by Nepal Rastra Bank (NRB) reveals.
According to the NRB report released on Thursday, remittance amounting Rs 388.58 billion was received in the first five months of the current fiscal year which began in mid-July.
The amount is 6.8 percent less than the inflow reported in the same period in the Fiscal Year 2020/21. Nepal reported an 11 percent rise in remittance inflow during the same five months in the last fiscal year.
The country also reported a fall in remittance inflow in US dollars.
