Nepal's remittances, forex reserves keep growing

KATHMANDU, Feb. 2 (Xinhua) -- Nepal continued to see its remittance inflow and foreign exchange reserves go up in the first half of the 2024-25 fiscal year, the central bank said on Sunday.

The forex reserves stood at 16.84 billion U.S. dollars by mid-January, up 10.3 percent over the same period of the previous 2023-24 fiscal year, the Nepal Rastra Bank said in a report.

Remittances to Nepal rose by 1.1