Nepal reports record high of forex reserves

KATHMANDU, Feb. 6 (Xinhua) -- Nepal's foreign exchange reserves reached a record high of 13.69 billion U.S. dollars in mid-January 2024, the country's central bank reported on Tuesday.

The figure marks a rise of 16.9 percent from 11.71 billion dollars in mid-July 2023 when the current 2023-24 fiscal year began, according to a monthly economic and financial report released by the Nepal Rastra Bank.

A surge