Remittance Inflow Climbs to Rs 687 Billion in Four Months

Inflow of remittance to Nepal reached Rs 687.13 billion in the first four months of current fiscal year (FY 2025/26), according to the latest report of Nepal Rastra Bank.

The Current Macroeconomic and Financial Situation Report of Nepal unveiled by the central bank on Monday states that the remittance inflow during the review period increased 31.4 percent to compared to an increase of 9.4 percent in the same period of the previous year.

During mid-October to mid-November, remittance inflows stood at Rs 133.82 billion, added the report. In the corresponding period of the previous year, the figure was Rs 114.31 billion.

In terms of the US dollar, remittance inflows increased 25.3 percent to 4.88 billion in the review period. Such inflow had increased 8.2 percent in the same period of the previous year, added the NRB report.

Meanwhile, net secondary income (net transfer) reached Rs754.93 billion in the review period. Such income was Rs 569.29 billion in the same period of the previous year, according to the central bank.

Similarly, the number of Nepali workers, both institutional and individual, taking first-time approval for foreign employment reached 145,973 during the review period while those taking approval for renew entry stood at 127,837. In the same period of the previous year, such numbers were 147,478 and 94,105 respectively.