Finance & Economy
Nepal Economy Update - November 2024
Last updated on
Author: TEXTILE VALUE CHAIN
Highlights
- Nepal's CPI rose to 4.8% y-o-y in mid-October, up from 3.9% in mid-September.
- Foreign exchange reserves hit a record high of USD 16.6 billion.
- Trade deficit narrowed to Rs 114.9 billion in mid-October (Vs Rs 121.3 billion in mid-September).
- Current account and balance of payments remained in surplus.