Finance & Economy
Nepal Economy Update - December 2024
Updated:
Highlights:
- CPI accelerated to 5.6% y-o-y in mid-November, up from 4.8% in mid-October.
- Foreign exchange reserves hit a record high of USD 16.7 billion.
- Trade deficit narrowed for the 2nd consecutive month, reaching Rs 108.3 billion in mid-November.
- Nepal's tourism sector experienced a slowdown in mid-November