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Fri, November 22, 2024

Nepal's financial sector stable, says NRB Governor Adhikari

B360
B360 October 27, 2024, 10:12 am
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WASHINGTON DC: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has stated that Nepal's financial sector is stable and inflation remains balanced, supported by a robust foreign exchange reserve. 

Addressing the 46th meeting of the SAARC Finance Governors Forum in Washington DC on Friday, Governor Adhikari mentioned that Nepal's foreign exchange reserves are sufficient to cover the import of goods and services for 13 months. Additionally, he informed that Nepal's remittance inflows and financial market remain stable.

Governors from SAARC member states at the forum discussed regional financial cooperation, collaborative research, and capacity building, among other topics. 

Governor Adhikari is attending various events of the World Bank as a member of the delegation led by Deputy Prime Minister and Minister of Finance Bishnu Prasad Paudel.

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