Highlights:
- Nepal’s CPI moderated to 4.4% (y-o-y) in mid-May.
- Foreign exchange reserves reached a record high of USD 14.53 billion.
- Current account and balance of payments remained in surplus.
- Tourist arrivals grew by 16% (y-o-y) in mid-May (Vs 13% in mid-April).
Nepal_Economy_Update-_June_2024