Nepal’s current account recorded a surplus of Rs 148.17 billion in the first six months of the ongoing fiscal year, according to the latest report from Nepal Rastra Bank (NRB). The central bank’s Current Macroeconomic and Financial Situation Report, released on Sunday, indicates that during the same period last year, the current account surplus stood at Rs 162.56 billion.
In terms of US dollars, the current account registered a surplus of $1.08 billion in the review period, compared to $1.22 billion in the corresponding period of the previous year. The report further highlights that capital transfers amounted to Rs 4.29 billion, an increase from Rs 3.11 billion in the same period last year. Additionally, foreign direct investment (FDI) inflows (equity only) reached Rs 6.5 billion, up from Rs 4.54 billion a year ago.
Meanwhile, the Balance of Payments (BOP) showed a surplus of Rs 249.26 billion, down from Rs 273.52 billion recorded in the same period of the previous fiscal year.
