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Sat, January 11, 2025

Nepal’s current account at surplus of Rs 96.38bn, BOP at surplus of Rs 147.11bn: central bank

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KATHMANDU: 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 same period of the previous year, according to the macroeconomic and financial situation report released by Nepal Rastra Bank (NRB) today.

In US Dollar terms, 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 first four months of current fiscal year, capital transfer decreased 46.6% to Rs 1.59 billion and net foreign direct investment (FDI) remained positive at Rs 3.64 billion. 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.

Balance of Payments (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 year.

In US Dollar terms, 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 the previous year.

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