Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 600 Sat. February 04, 2006  
   
Business


Nepal’s forex reserve up by 7pc


The Nepali central bank on Wednesday reported a sound growth in foreign currency reserve during the first four months of the current fiscal year (July 16, 2005 to July 15, 2006).

"Gross foreign currency holding of the banking system went up 7 percent during mid-July to mid-November 2005," said the latest report of Nepal Rastra Bank (NRB).