KATHMANDU: Nepal’s external position strengthened markedly in the first 11 months of fiscal year 2025/26, with both current account and balance of payments (BoP) recording substantially larger surpluses than a year earlier.
According to the Current Macroeconomic and Financial Situation report released by Nepal Rastra Bank (NRB) on Monday, the current account recorded a surplus of Rs 802.06 billion in the review period, compared with a surplus of Rs 321.74 billion in the same period of the previous year. In US dollar terms, the current account surplus was $5.53 billion, up from $2.37 billion a year earlier.
Net capital transfer during the review period amounted to Rs 17.03 billion, against Rs 8.96 billion in the same period of the previous year. Foreign direct investment (equity only) inflows reached Rs 22.82 billion, compared with Rs 11.07 billion in the previous year.
The BoP remained in surplus of Rs 926.06 billion for the 11-month period, up from Rs 491.44 billion in the same period last year. In US dollar terms, the BoP surplus was $6.39 billion, compared with $3.62 billion in the previous year.
