Foreign exchange reserves sufficient to import goods for 9 months: NRB

Kathmandu: In the fiscal year 2079/80, the goal is to maintain foreign exchange reserves sufficient to cover the import of goods and services for at least 7 months.

According to Nepal Rastra Bank (NRB), the external sector has improved as a result of the policies adopted to preserve foreign exchange reserves through overall demand management since last year.

The improvement in foreign exchange reserves has increased the ability to meet import demand.