Foreign exchange reserves improvement with Import of 10 items was banned

Aug Wed 2022 01:54:00

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Foreign exchange reserves improvement with Import of 10 items was banned

Kathmandu. With the ban on luxury goods, foreign exchange reserves have improved. . According to the report of the financial year 2078/79, the level of foreign reserves increased in the month of June. According to the report of the National Bank of India, foreign exchange reserves have increased by 39 billion rupees in the month of June.

Earlier, the foreign exchange reserves were equal to 30 billion rupees, which increased by 9 billion to 39 billion foreign currency reserves in the month of June, according to the report of the National Bank.

In the last two months of the last financial year, foreign reserves equal to 69 billion rupees have been added. According to the report published by the National Bank, there is a total of 12 trillion 15 billion 800 million rupees worth of foreign currency at the end of June alone.

There is still a ban on the import of 10 different items. Items banned from Bainsakh 14th have been kept as they are until August 14th. At the end of June 2078, this reserve was 13 trillion 99 billion, but now it has dropped to 12 trillion 15 billion.

According to Rastra Bank, the banking sector currently has 7.8 months of imports and 6.9 months of commodity imports.