Kathmadu. In the eleven months of the current Fiscal Year, it has increased by 3.8 percent. According to data released by the National Bank on Monday, remittance inflows increased by 3.8 percent to Rs. 904.18 billion during the review period. The remittance inflow had increased by 12.6 percent in the corresponding period of the previous year. In US dollar terms, remittance inflows increased by 1.5 percent to Rs 7.51 billion. Such inflow had increased by 10.5 percent in the previous year.

During the review period, the number of Nepalis seeking final labor approval (institutional and individual-new and legalized) for foreign employment increased significantly to 313,367. Such number had decreased by 68 percent in the corresponding period of the previous year.

Similarly, the number of Nepalis seeking re-employment for foreign employment increased by 208.3 percent during the review period to 259,091. Such number had decreased by 52.1 percent in the corresponding period of the previous year. Net transfer increased by 3.6 percent to Rs. 1,006.07 billion during the review period. Such transfers had increased by 11.5 percent in the corresponding period of the previous year.