KATHMANDU, June 11: Nepal’s foreign exchange reserves have increased significantly, reaching Rs 3.7 trillion as of mid-May 2026, according to Nepal Rastra Bank (NRB).
The total reserves rose by 38.3 percent compared to mid-July 2025, when they stood at Rs 2.67 trillion, the central bank said.
In terms of the US dollar, reserves increased by 24 percent to USD 24.19 billion from USD 19.5 billion over the same period, NRB stated.
Foreign exchange reserves reach Rs 2.255 trillion
Of the total reserves, the largest share is held by Nepal Rastra Bank itself. Central bank reserves increased by 36.6 percent to Rs 3.29 trillion from Rs 2.41 trillion during the review period.
Similarly, reserves held by banks and financial institutions also grew significantly, rising by 54.4 percent to Rs 406.17 billion from Rs 263.04 billion.
NRB said the increase in foreign exchange reserves is a positive indicator for the economy, driven mainly by higher remittance inflows, improvement in tourism, and increased foreign currency earnings.
Indian currency accounts for 20.6 percent of the total reserves, reflecting strong trade and financial linkages between Nepal and India.
The rise in reserves is expected to strengthen the country’s import capacity, improve external sector stability, and support exchange rate management and financial system confidence.
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