Nepal’s balance of payments (BoP) remained at a surplus of Rs 180.17 billion till mid-April, according to the report about the current macroeconomic and financial situation of Nepal unveiled by the Nepal Rastra Bank today.
In US Dollar terms, the BOP remained at a surplus of 1.37 billion in nine months of the current fiscal year 2022/23 against a deficit of 2.25 billion in the same period of the previous year.
The current account remained at a deficit of Rs 51.82 billion till mid-April compared to a deficit of Rs 510.58 billion in the same period of the previous year. In US Dollar terms, the current account registered a deficit of 402.8 million in the review period compared to a deficit of 4.27 billion in the same period last year.
In the review period, capital transfer decreased 24.0% to Rs 5.91 billion and net foreign direct investment (FDI) remained at Rs 2.62 billion. In the same period of the previous year, capital transfer and net FDI amounted to Rs 7.78 billion and Rs 16.51 billion respectively.
