Nepal's current account at Rs 358.83bn surplus, BOP at Rs 421.89bn: NRB report

KATHMANDU: The current account recorded a surplus of Rs 358.83 billion in the first five months of fiscal year 2025/26. This was up from Rs 158.45 billion in the same period a year earlier, according to the latest macroeconomic and financial situation report released by Nepal Rastra Bank (NRB) on Friday. In US dollar terms, the current account surplus stood at $2.54 billion, compared with $1.18 billion a year earlier.

Likewise, net capital transfers amounted to Rs 7.06 billion in the review period, against Rs 3.50 billion in the same period of the previous fiscal year. Foreign direct investment (equity only) receipts rose to Rs 7.47 billion, up from Rs 6.03 billion a year earlier.

The balance of payments (BOP) remained in surplus at Rs 421.89 billion in the review period, compared with Rs 225.34 billion in the previous year. In US dollar terms, the BOP surplus increased to $2.98 billion from $1.68 billion.