Finance & Economy | News & Insights

Nepal Economy Update – December 2024

Published: December 27, 2024
Author: TEXTILE VALUE CHAIN

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

Nepal_Economy_Update_-_December_2024

Related Posts