KATHMANDU: Nepal’s foreign exchange reserves have surpassed Rs 3.2 trillion, reflecting a sharp improvement in the country’s external financial position, according to data released by Nepal Rastra Bank (NRB) on Friday.
NRB statistics show that total foreign exchange reserves, which stood at Rs 2.677 trillion at the end of July 2025, increased by 19.6 percent to reach Rs 3.201 trillion by December 2025.
In US dollar terms, reserves rose from USD 19.50 billion in mid-July to USD 22.13 billion by mid-December, marking a 13.5 percent increase.
Based on imports during the first five months of the current fiscal year (2025/26), the foreign exchange reserves held by the banking sector are sufficient to cover 21.7 months of merchandise imports and 18.2 months of merchandise and services imports, the central bank said.
The NRB also noted that as of mid-December 2025, foreign exchange reserves stood at 52.4 percent of GDP, 151.9 percent of total imports, and 39.4 percent of broad money supply. These ratios were significantly lower at the end of mid-July, at 43.8 percent, 128.1 percent, and 34.1 percent, respectively.
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