Remittance inflows rise 23.9 pc to Rs 436.36bn in 2 months: NRB

KATHMANDU: Remittance inflows to Nepal rose by 23.9% to Rs 436.36 billion in the first two months of the fiscal year 2026/27, expanding from a 33.1% growth recorded in the same period of the previous year, according to macroeconomic data released by the Nepal Rastra Bank on Thursday.

In US dollar terms, remittance inflows increased by 13.5% to $2.85 billion in the review period, compared with a growth of 27.6% in the preceding year. During the second month of the fiscal year, between mid-August and mid-September, remittance inflows stand at Rs 221.31 billion, up from Rs 174.67 billion recorded in the same period of the previous year.

Net secondary income, representing net transfers, reached Rs 469.44 billion in the review period, compared with Rs 384.88 billion in the same period of the previous year.

The number of Nepali workers taking first-time approval for foreign employment through institutional and individual channels stood at 78,320 in the review period, down from 90,198 in the same period of the previous year. In contrast, the number of workers receiving approval for entry renewal increased to 52,163 during the two-month period, up from 45,884 recorded in the same period of the previous year.