Money

Foreign exchange reserves decline for the first time in 10 years, reducing import ability by half

Four years ago, Nepal had enough reserves to sustain the imports for 14.1 months, but now that number has reduced to just 7.8 months. Foreign exchange reserves decline for the first time in 10 years, reducing import ability by half
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Prithvi Man Shrestha
Published at : September 23, 2019
Updated at : September 23, 2019 07:21
Kathmandu

Prithvi Man Shrestha

Prithvi Man Shrestha was a political reporter for The Kathmandu Post, covering the governance-related issues including corruption and irregularities in the government machinery. Before joining The Kathmandu Post in 2009, he worked at nepalnews.com and Rising Nepal primarily covering the issues of political and economic affairs for three years.


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