About 900 billion remittance enters country : NRB

Kathmandu,Sept 3, 2019-Remittance around nine billion rupees has entered the country in fiscal year 2018/19.

A report on ‘Current Economic and Fiscal Condition of the Country’, released by Nepal Rastra Bank states the remittance reached Rs 879.27 billion in fiscal year 2018/19.

The remittance inflow has increased by 16.5 per cent in last fiscal year 2018/19. Rs 755.06 billion remittance had entered the country in fiscal year 2017/18. The remittance inflow had grown by 8.6 per cent in the previous year.

Likewise, the remittance inflow has increased by 7.8 per cent in US Dollars. The same had grown by 10.2 per cent the previous year.