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Foreign Direct Investment (FDI) declines in current account and balance of payment position

nabil bank

Kathmandu. In the first three months of the current fiscal year, the current account has surplus of Rs 237.59 billion.

In the same period of the last fiscal year, such account had a surplus of Rs 115.36 billion. The current account has surplus of Rs 1.69 billion in US dollars as against Rs 860 million in the same period of the previous year.

Net capital transfer during the period stood at Rs 5.55 billion. Such transfers were Rs 2 billion in the same period of the previous year. During this period, Rs 1.74 billion foreign direct investment (equity only) has been inflowed.

Such foreign direct investment (equity only) had amounted to Rs 4.81 billion in the same period of the previous year. As of mid-October, the balance of payment stood at Rs 264.03 billion.

The balance of payment was Rs 184.99 billion in the same period of the previous year. Such savings were Rs 1.88 billion in US dollars in the same period of the previous year, compared to Rs 1.88 billion in the same period of the previous year.

 

 

 

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