Nepal Breaking NewsBusinessIn the first 11 months of the current fiscal year, the country...

In the first 11 months of the current fiscal year, the country received $870.94 in remittances.

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In the first 11 months of the current fiscal year, Nepal received Rs 870.94 in remittances.

“Remittance inflows increased by 12.6 percent to Rs 642.14 billion in the review , compared to 3.2 percent in the same last year,” said Nepal Bank (NRB).

In terms of USD, remittance inflows increased by 10.4 percent to USD 7.39 billion in the review period, compared to a 5.2 percent decrease in the same period the previous year,” the Nepal Rastra Bank (NRB) said on Thursday in its review of the country’s current macroeconomic and financial situation.

to the central bank, the of Nepali workers who received pre-approval for foreign fell by 47.1 percent during the review period. In the same period the previous year, it had decreased by 31.1 percent.

The net transfer increased by 11.4 percent during the review period, reaching Rs 971 billion. This transfer had decreased by 3.9 percent in the previous year’s corresponding period.

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