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'summary' => 'July 16: The current account has remained at a deficit of Rs 293.97 billion in the first 11 months of the last fiscal year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri, sans-serif">July 16: </span><span style="font-family:"Arial Unicode MS",sans-serif">The current account has remained at a deficit of Rs 293.97 billion in the first 11 months of the last fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">According to the Nepal Rastra Bank (NRB), the current account deficit has increased in this period as compared to correspondent period of the previous fiscal year. The current account deficit was Rs 62.56 billion in the same period of the previous fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">In the US dollar term, the current account has registered a deficit of 2.51 billion in the review period as compared to a deficit of 578.5 billion in the same period of the previous year, states the Current Macroeconomic and Financial Situation report of 11 months of the last fiscal year released by NRB on Thursday (July 15). </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">The balance of payments (BOP) registered a deficit of Rs 15.15 billion in the review period against a surplus of Rs 179.37 billion in the corresponding period of the previous fiscal year. In the US dollar term, the BOP recorded a deficit of 140.8 billion in the review period against a surplus of 1.50 billion in the same period of the previous year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The report further states that the capital transfer has increased by 8.4 per cent and reached to Rs 14.15 billion and net foreign direct investment (FDI) has decreased by 13.4 per cent to Rs 16.20 billion. In the corresponding period of the previous fiscal year, capital transfer and net FDI amounted to Rs 13.05 billion and 18.72 billion respectively. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the central bank, the total foreign exchange reserve has decreased 2.6 per cent to stand at over Rs 1,365 billion until June 14, 2021 as compared to more than Rs 1,401 billion until July 15, 2020, the last day for the fiscal year, 2019/20. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Out of the total foreign exchange reserve, the reserve the Nepal Rastra Bank has decreased by 2.3 per cent to Rs 1,197 billion in mid-June 2021 from Rs 1,226 billion in mid-July 2020. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The total foreign exchange reserve of banks and financial institutions in Nepal (except that of NRB) have has decreased 4.4 per cent to Rs 168 billion against Rs 275 billion in the corresponding period last fiscal year. </span><br />
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri, sans-serif">July 16: </span><span style="font-family:"Arial Unicode MS",sans-serif">The current account has remained at a deficit of Rs 293.97 billion in the first 11 months of the last fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">According to the Nepal Rastra Bank (NRB), the current account deficit has increased in this period as compared to correspondent period of the previous fiscal year. The current account deficit was Rs 62.56 billion in the same period of the previous fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">In the US dollar term, the current account has registered a deficit of 2.51 billion in the review period as compared to a deficit of 578.5 billion in the same period of the previous year, states the Current Macroeconomic and Financial Situation report of 11 months of the last fiscal year released by NRB on Thursday (July 15). </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">The balance of payments (BOP) registered a deficit of Rs 15.15 billion in the review period against a surplus of Rs 179.37 billion in the corresponding period of the previous fiscal year. In the US dollar term, the BOP recorded a deficit of 140.8 billion in the review period against a surplus of 1.50 billion in the same period of the previous year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The report further states that the capital transfer has increased by 8.4 per cent and reached to Rs 14.15 billion and net foreign direct investment (FDI) has decreased by 13.4 per cent to Rs 16.20 billion. In the corresponding period of the previous fiscal year, capital transfer and net FDI amounted to Rs 13.05 billion and 18.72 billion respectively. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the central bank, the total foreign exchange reserve has decreased 2.6 per cent to stand at over Rs 1,365 billion until June 14, 2021 as compared to more than Rs 1,401 billion until July 15, 2020, the last day for the fiscal year, 2019/20. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Out of the total foreign exchange reserve, the reserve the Nepal Rastra Bank has decreased by 2.3 per cent to Rs 1,197 billion in mid-June 2021 from Rs 1,226 billion in mid-July 2020. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The total foreign exchange reserve of banks and financial institutions in Nepal (except that of NRB) have has decreased 4.4 per cent to Rs 168 billion against Rs 275 billion in the corresponding period last fiscal year. </span><br />
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri, sans-serif">July 16: </span><span style="font-family:"Arial Unicode MS",sans-serif">The current account has remained at a deficit of Rs 293.97 billion in the first 11 months of the last fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">According to the Nepal Rastra Bank (NRB), the current account deficit has increased in this period as compared to correspondent period of the previous fiscal year. The current account deficit was Rs 62.56 billion in the same period of the previous fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">In the US dollar term, the current account has registered a deficit of 2.51 billion in the review period as compared to a deficit of 578.5 billion in the same period of the previous year, states the Current Macroeconomic and Financial Situation report of 11 months of the last fiscal year released by NRB on Thursday (July 15). </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">The balance of payments (BOP) registered a deficit of Rs 15.15 billion in the review period against a surplus of Rs 179.37 billion in the corresponding period of the previous fiscal year. In the US dollar term, the BOP recorded a deficit of 140.8 billion in the review period against a surplus of 1.50 billion in the same period of the previous year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The report further states that the capital transfer has increased by 8.4 per cent and reached to Rs 14.15 billion and net foreign direct investment (FDI) has decreased by 13.4 per cent to Rs 16.20 billion. In the corresponding period of the previous fiscal year, capital transfer and net FDI amounted to Rs 13.05 billion and 18.72 billion respectively. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the central bank, the total foreign exchange reserve has decreased 2.6 per cent to stand at over Rs 1,365 billion until June 14, 2021 as compared to more than Rs 1,401 billion until July 15, 2020, the last day for the fiscal year, 2019/20. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Out of the total foreign exchange reserve, the reserve the Nepal Rastra Bank has decreased by 2.3 per cent to Rs 1,197 billion in mid-June 2021 from Rs 1,226 billion in mid-July 2020. </span><br />
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri, sans-serif">July 16: </span><span style="font-family:"Arial Unicode MS",sans-serif">The current account has remained at a deficit of Rs 293.97 billion in the first 11 months of the last fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">According to the Nepal Rastra Bank (NRB), the current account deficit has increased in this period as compared to correspondent period of the previous fiscal year. The current account deficit was Rs 62.56 billion in the same period of the previous fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">In the US dollar term, the current account has registered a deficit of 2.51 billion in the review period as compared to a deficit of 578.5 billion in the same period of the previous year, states the Current Macroeconomic and Financial Situation report of 11 months of the last fiscal year released by NRB on Thursday (July 15). </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">The balance of payments (BOP) registered a deficit of Rs 15.15 billion in the review period against a surplus of Rs 179.37 billion in the corresponding period of the previous fiscal year. In the US dollar term, the BOP recorded a deficit of 140.8 billion in the review period against a surplus of 1.50 billion in the same period of the previous year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The report further states that the capital transfer has increased by 8.4 per cent and reached to Rs 14.15 billion and net foreign direct investment (FDI) has decreased by 13.4 per cent to Rs 16.20 billion. In the corresponding period of the previous fiscal year, capital transfer and net FDI amounted to Rs 13.05 billion and 18.72 billion respectively. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the central bank, the total foreign exchange reserve has decreased 2.6 per cent to stand at over Rs 1,365 billion until June 14, 2021 as compared to more than Rs 1,401 billion until July 15, 2020, the last day for the fiscal year, 2019/20. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Out of the total foreign exchange reserve, the reserve the Nepal Rastra Bank has decreased by 2.3 per cent to Rs 1,197 billion in mid-June 2021 from Rs 1,226 billion in mid-July 2020. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The total foreign exchange reserve of banks and financial institutions in Nepal (except that of NRB) have has decreased 4.4 per cent to Rs 168 billion against Rs 275 billion in the corresponding period last fiscal year. </span><br />
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri, sans-serif">July 16: </span><span style="font-family:"Arial Unicode MS",sans-serif">The current account has remained at a deficit of Rs 293.97 billion in the first 11 months of the last fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">According to the Nepal Rastra Bank (NRB), the current account deficit has increased in this period as compared to correspondent period of the previous fiscal year. The current account deficit was Rs 62.56 billion in the same period of the previous fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">In the US dollar term, the current account has registered a deficit of 2.51 billion in the review period as compared to a deficit of 578.5 billion in the same period of the previous year, states the Current Macroeconomic and Financial Situation report of 11 months of the last fiscal year released by NRB on Thursday (July 15). </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">The balance of payments (BOP) registered a deficit of Rs 15.15 billion in the review period against a surplus of Rs 179.37 billion in the corresponding period of the previous fiscal year. In the US dollar term, the BOP recorded a deficit of 140.8 billion in the review period against a surplus of 1.50 billion in the same period of the previous year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The report further states that the capital transfer has increased by 8.4 per cent and reached to Rs 14.15 billion and net foreign direct investment (FDI) has decreased by 13.4 per cent to Rs 16.20 billion. In the corresponding period of the previous fiscal year, capital transfer and net FDI amounted to Rs 13.05 billion and 18.72 billion respectively. </span><br />
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<span style="font-family:"Arial Unicode MS",sans-serif">According to the Nepal Rastra Bank (NRB), the current account deficit has increased in this period as compared to correspondent period of the previous fiscal year. The current account deficit was Rs 62.56 billion in the same period of the previous fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">In the US dollar term, the current account has registered a deficit of 2.51 billion in the review period as compared to a deficit of 578.5 billion in the same period of the previous year, states the Current Macroeconomic and Financial Situation report of 11 months of the last fiscal year released by NRB on Thursday (July 15). </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">The balance of payments (BOP) registered a deficit of Rs 15.15 billion in the review period against a surplus of Rs 179.37 billion in the corresponding period of the previous fiscal year. In the US dollar term, the BOP recorded a deficit of 140.8 billion in the review period against a surplus of 1.50 billion in the same period of the previous year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The report further states that the capital transfer has increased by 8.4 per cent and reached to Rs 14.15 billion and net foreign direct investment (FDI) has decreased by 13.4 per cent to Rs 16.20 billion. In the corresponding period of the previous fiscal year, capital transfer and net FDI amounted to Rs 13.05 billion and 18.72 billion respectively. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the central bank, the total foreign exchange reserve has decreased 2.6 per cent to stand at over Rs 1,365 billion until June 14, 2021 as compared to more than Rs 1,401 billion until July 15, 2020, the last day for the fiscal year, 2019/20. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Out of the total foreign exchange reserve, the reserve the Nepal Rastra Bank has decreased by 2.3 per cent to Rs 1,197 billion in mid-June 2021 from Rs 1,226 billion in mid-July 2020. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The total foreign exchange reserve of banks and financial institutions in Nepal (except that of NRB) have has decreased 4.4 per cent to Rs 168 billion against Rs 275 billion in the corresponding period last fiscal year. </span><br />
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<span style="font-family:"Arial Unicode MS",sans-serif">According to the Nepal Rastra Bank (NRB), the current account deficit has increased in this period as compared to correspondent period of the previous fiscal year. The current account deficit was Rs 62.56 billion in the same period of the previous fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">In the US dollar term, the current account has registered a deficit of 2.51 billion in the review period as compared to a deficit of 578.5 billion in the same period of the previous year, states the Current Macroeconomic and Financial Situation report of 11 months of the last fiscal year released by NRB on Thursday (July 15). </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">The balance of payments (BOP) registered a deficit of Rs 15.15 billion in the review period against a surplus of Rs 179.37 billion in the corresponding period of the previous fiscal year. In the US dollar term, the BOP recorded a deficit of 140.8 billion in the review period against a surplus of 1.50 billion in the same period of the previous year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The report further states that the capital transfer has increased by 8.4 per cent and reached to Rs 14.15 billion and net foreign direct investment (FDI) has decreased by 13.4 per cent to Rs 16.20 billion. In the corresponding period of the previous fiscal year, capital transfer and net FDI amounted to Rs 13.05 billion and 18.72 billion respectively. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the central bank, the total foreign exchange reserve has decreased 2.6 per cent to stand at over Rs 1,365 billion until June 14, 2021 as compared to more than Rs 1,401 billion until July 15, 2020, the last day for the fiscal year, 2019/20. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Out of the total foreign exchange reserve, the reserve the Nepal Rastra Bank has decreased by 2.3 per cent to Rs 1,197 billion in mid-June 2021 from Rs 1,226 billion in mid-July 2020. </span><br />
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<span style="font-family:"Arial Unicode MS",sans-serif">According to the Nepal Rastra Bank (NRB), the current account deficit has increased in this period as compared to correspondent period of the previous fiscal year. The current account deficit was Rs 62.56 billion in the same period of the previous fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">In the US dollar term, the current account has registered a deficit of 2.51 billion in the review period as compared to a deficit of 578.5 billion in the same period of the previous year, states the Current Macroeconomic and Financial Situation report of 11 months of the last fiscal year released by NRB on Thursday (July 15). </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">The balance of payments (BOP) registered a deficit of Rs 15.15 billion in the review period against a surplus of Rs 179.37 billion in the corresponding period of the previous fiscal year. In the US dollar term, the BOP recorded a deficit of 140.8 billion in the review period against a surplus of 1.50 billion in the same period of the previous year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The report further states that the capital transfer has increased by 8.4 per cent and reached to Rs 14.15 billion and net foreign direct investment (FDI) has decreased by 13.4 per cent to Rs 16.20 billion. In the corresponding period of the previous fiscal year, capital transfer and net FDI amounted to Rs 13.05 billion and 18.72 billion respectively. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the central bank, the total foreign exchange reserve has decreased 2.6 per cent to stand at over Rs 1,365 billion until June 14, 2021 as compared to more than Rs 1,401 billion until July 15, 2020, the last day for the fiscal year, 2019/20. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Out of the total foreign exchange reserve, the reserve the Nepal Rastra Bank has decreased by 2.3 per cent to Rs 1,197 billion in mid-June 2021 from Rs 1,226 billion in mid-July 2020. </span><br />
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July 16: The current account has remained at a deficit of Rs 293.97 billion in the first 11 months of the last fiscal year. According to the Nepal Rastra Bank (NRB), the current account deficit has increased in this period as compared to correspondent period of the previous fiscal year. The current account deficit was Rs 62.56 billion in the same period of the previous fiscal year. In the US dollar term, the current account has registered a deficit of 2.51 billion in the review period as compared to a deficit of 578.5 billion in the same period of the previous year, states the Current Macroeconomic and Financial Situation report of 11 months of the last fiscal year released by NRB on Thursday (July 15).
The balance of payments (BOP) registered a deficit of Rs 15.15 billion in the review period against a surplus of Rs 179.37 billion in the corresponding period of the previous fiscal year. In the US dollar term, the BOP recorded a deficit of 140.8 billion in the review period against a surplus of 1.50 billion in the same period of the previous year. The report further states that the capital transfer has increased by 8.4 per cent and reached to Rs 14.15 billion and net foreign direct investment (FDI) has decreased by 13.4 per cent to Rs 16.20 billion. In the corresponding period of the previous fiscal year, capital transfer and net FDI amounted to Rs 13.05 billion and 18.72 billion respectively. According to the central bank, the total foreign exchange reserve has decreased 2.6 per cent to stand at over Rs 1,365 billion until June 14, 2021 as compared to more than Rs 1,401 billion until July 15, 2020, the last day for the fiscal year, 2019/20. Out of the total foreign exchange reserve, the reserve the Nepal Rastra Bank has decreased by 2.3 per cent to Rs 1,197 billion in mid-June 2021 from Rs 1,226 billion in mid-July 2020. The total foreign exchange reserve of banks and financial institutions in Nepal (except that of NRB) have has decreased 4.4 per cent to Rs 168 billion against Rs 275 billion in the corresponding period last fiscal year.
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<span style="font-family:"Arial Unicode MS",sans-serif">According to the Nepal Rastra Bank (NRB), the current account deficit has increased in this period as compared to correspondent period of the previous fiscal year. The current account deficit was Rs 62.56 billion in the same period of the previous fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">In the US dollar term, the current account has registered a deficit of 2.51 billion in the review period as compared to a deficit of 578.5 billion in the same period of the previous year, states the Current Macroeconomic and Financial Situation report of 11 months of the last fiscal year released by NRB on Thursday (July 15). </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">The balance of payments (BOP) registered a deficit of Rs 15.15 billion in the review period against a surplus of Rs 179.37 billion in the corresponding period of the previous fiscal year. In the US dollar term, the BOP recorded a deficit of 140.8 billion in the review period against a surplus of 1.50 billion in the same period of the previous year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The report further states that the capital transfer has increased by 8.4 per cent and reached to Rs 14.15 billion and net foreign direct investment (FDI) has decreased by 13.4 per cent to Rs 16.20 billion. In the corresponding period of the previous fiscal year, capital transfer and net FDI amounted to Rs 13.05 billion and 18.72 billion respectively. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the central bank, the total foreign exchange reserve has decreased 2.6 per cent to stand at over Rs 1,365 billion until June 14, 2021 as compared to more than Rs 1,401 billion until July 15, 2020, the last day for the fiscal year, 2019/20. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Out of the total foreign exchange reserve, the reserve the Nepal Rastra Bank has decreased by 2.3 per cent to Rs 1,197 billion in mid-June 2021 from Rs 1,226 billion in mid-July 2020. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The total foreign exchange reserve of banks and financial institutions in Nepal (except that of NRB) have has decreased 4.4 per cent to Rs 168 billion against Rs 275 billion in the corresponding period last fiscal year. </span><br />
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri, sans-serif">July 16: </span><span style="font-family:"Arial Unicode MS",sans-serif">The current account has remained at a deficit of Rs 293.97 billion in the first 11 months of the last fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">According to the Nepal Rastra Bank (NRB), the current account deficit has increased in this period as compared to correspondent period of the previous fiscal year. The current account deficit was Rs 62.56 billion in the same period of the previous fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">In the US dollar term, the current account has registered a deficit of 2.51 billion in the review period as compared to a deficit of 578.5 billion in the same period of the previous year, states the Current Macroeconomic and Financial Situation report of 11 months of the last fiscal year released by NRB on Thursday (July 15). </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">The balance of payments (BOP) registered a deficit of Rs 15.15 billion in the review period against a surplus of Rs 179.37 billion in the corresponding period of the previous fiscal year. In the US dollar term, the BOP recorded a deficit of 140.8 billion in the review period against a surplus of 1.50 billion in the same period of the previous year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The report further states that the capital transfer has increased by 8.4 per cent and reached to Rs 14.15 billion and net foreign direct investment (FDI) has decreased by 13.4 per cent to Rs 16.20 billion. In the corresponding period of the previous fiscal year, capital transfer and net FDI amounted to Rs 13.05 billion and 18.72 billion respectively. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the central bank, the total foreign exchange reserve has decreased 2.6 per cent to stand at over Rs 1,365 billion until June 14, 2021 as compared to more than Rs 1,401 billion until July 15, 2020, the last day for the fiscal year, 2019/20. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Out of the total foreign exchange reserve, the reserve the Nepal Rastra Bank has decreased by 2.3 per cent to Rs 1,197 billion in mid-June 2021 from Rs 1,226 billion in mid-July 2020. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The total foreign exchange reserve of banks and financial institutions in Nepal (except that of NRB) have has decreased 4.4 per cent to Rs 168 billion against Rs 275 billion in the corresponding period last fiscal year. </span><br />
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'summary' => 'July 16: The current account has remained at a deficit of Rs 293.97 billion in the first 11 months of the last fiscal year. ',
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<span style="font-family:"Arial Unicode MS",sans-serif">According to the Nepal Rastra Bank (NRB), the current account deficit has increased in this period as compared to correspondent period of the previous fiscal year. The current account deficit was Rs 62.56 billion in the same period of the previous fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">In the US dollar term, the current account has registered a deficit of 2.51 billion in the review period as compared to a deficit of 578.5 billion in the same period of the previous year, states the Current Macroeconomic and Financial Situation report of 11 months of the last fiscal year released by NRB on Thursday (July 15). </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">The balance of payments (BOP) registered a deficit of Rs 15.15 billion in the review period against a surplus of Rs 179.37 billion in the corresponding period of the previous fiscal year. In the US dollar term, the BOP recorded a deficit of 140.8 billion in the review period against a surplus of 1.50 billion in the same period of the previous year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The report further states that the capital transfer has increased by 8.4 per cent and reached to Rs 14.15 billion and net foreign direct investment (FDI) has decreased by 13.4 per cent to Rs 16.20 billion. In the corresponding period of the previous fiscal year, capital transfer and net FDI amounted to Rs 13.05 billion and 18.72 billion respectively. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the central bank, the total foreign exchange reserve has decreased 2.6 per cent to stand at over Rs 1,365 billion until June 14, 2021 as compared to more than Rs 1,401 billion until July 15, 2020, the last day for the fiscal year, 2019/20. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Out of the total foreign exchange reserve, the reserve the Nepal Rastra Bank has decreased by 2.3 per cent to Rs 1,197 billion in mid-June 2021 from Rs 1,226 billion in mid-July 2020. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The total foreign exchange reserve of banks and financial institutions in Nepal (except that of NRB) have has decreased 4.4 per cent to Rs 168 billion against Rs 275 billion in the corresponding period last fiscal year. </span><br />
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri, sans-serif">July 16: </span><span style="font-family:"Arial Unicode MS",sans-serif">The current account has remained at a deficit of Rs 293.97 billion in the first 11 months of the last fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">According to the Nepal Rastra Bank (NRB), the current account deficit has increased in this period as compared to correspondent period of the previous fiscal year. The current account deficit was Rs 62.56 billion in the same period of the previous fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">In the US dollar term, the current account has registered a deficit of 2.51 billion in the review period as compared to a deficit of 578.5 billion in the same period of the previous year, states the Current Macroeconomic and Financial Situation report of 11 months of the last fiscal year released by NRB on Thursday (July 15). </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">The balance of payments (BOP) registered a deficit of Rs 15.15 billion in the review period against a surplus of Rs 179.37 billion in the corresponding period of the previous fiscal year. In the US dollar term, the BOP recorded a deficit of 140.8 billion in the review period against a surplus of 1.50 billion in the same period of the previous year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The report further states that the capital transfer has increased by 8.4 per cent and reached to Rs 14.15 billion and net foreign direct investment (FDI) has decreased by 13.4 per cent to Rs 16.20 billion. In the corresponding period of the previous fiscal year, capital transfer and net FDI amounted to Rs 13.05 billion and 18.72 billion respectively. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the central bank, the total foreign exchange reserve has decreased 2.6 per cent to stand at over Rs 1,365 billion until June 14, 2021 as compared to more than Rs 1,401 billion until July 15, 2020, the last day for the fiscal year, 2019/20. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Out of the total foreign exchange reserve, the reserve the Nepal Rastra Bank has decreased by 2.3 per cent to Rs 1,197 billion in mid-June 2021 from Rs 1,226 billion in mid-July 2020. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The total foreign exchange reserve of banks and financial institutions in Nepal (except that of NRB) have has decreased 4.4 per cent to Rs 168 billion against Rs 275 billion in the corresponding period last fiscal year. </span><br />
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri, sans-serif">July 16: </span><span style="font-family:"Arial Unicode MS",sans-serif">The current account has remained at a deficit of Rs 293.97 billion in the first 11 months of the last fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">According to the Nepal Rastra Bank (NRB), the current account deficit has increased in this period as compared to correspondent period of the previous fiscal year. The current account deficit was Rs 62.56 billion in the same period of the previous fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">In the US dollar term, the current account has registered a deficit of 2.51 billion in the review period as compared to a deficit of 578.5 billion in the same period of the previous year, states the Current Macroeconomic and Financial Situation report of 11 months of the last fiscal year released by NRB on Thursday (July 15). </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">The balance of payments (BOP) registered a deficit of Rs 15.15 billion in the review period against a surplus of Rs 179.37 billion in the corresponding period of the previous fiscal year. In the US dollar term, the BOP recorded a deficit of 140.8 billion in the review period against a surplus of 1.50 billion in the same period of the previous year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The report further states that the capital transfer has increased by 8.4 per cent and reached to Rs 14.15 billion and net foreign direct investment (FDI) has decreased by 13.4 per cent to Rs 16.20 billion. In the corresponding period of the previous fiscal year, capital transfer and net FDI amounted to Rs 13.05 billion and 18.72 billion respectively. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the central bank, the total foreign exchange reserve has decreased 2.6 per cent to stand at over Rs 1,365 billion until June 14, 2021 as compared to more than Rs 1,401 billion until July 15, 2020, the last day for the fiscal year, 2019/20. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Out of the total foreign exchange reserve, the reserve the Nepal Rastra Bank has decreased by 2.3 per cent to Rs 1,197 billion in mid-June 2021 from Rs 1,226 billion in mid-July 2020. </span><br />
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri, sans-serif">July 16: </span><span style="font-family:"Arial Unicode MS",sans-serif">The current account has remained at a deficit of Rs 293.97 billion in the first 11 months of the last fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">According to the Nepal Rastra Bank (NRB), the current account deficit has increased in this period as compared to correspondent period of the previous fiscal year. The current account deficit was Rs 62.56 billion in the same period of the previous fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">In the US dollar term, the current account has registered a deficit of 2.51 billion in the review period as compared to a deficit of 578.5 billion in the same period of the previous year, states the Current Macroeconomic and Financial Situation report of 11 months of the last fiscal year released by NRB on Thursday (July 15). </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">The balance of payments (BOP) registered a deficit of Rs 15.15 billion in the review period against a surplus of Rs 179.37 billion in the corresponding period of the previous fiscal year. In the US dollar term, the BOP recorded a deficit of 140.8 billion in the review period against a surplus of 1.50 billion in the same period of the previous year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The report further states that the capital transfer has increased by 8.4 per cent and reached to Rs 14.15 billion and net foreign direct investment (FDI) has decreased by 13.4 per cent to Rs 16.20 billion. In the corresponding period of the previous fiscal year, capital transfer and net FDI amounted to Rs 13.05 billion and 18.72 billion respectively. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the central bank, the total foreign exchange reserve has decreased 2.6 per cent to stand at over Rs 1,365 billion until June 14, 2021 as compared to more than Rs 1,401 billion until July 15, 2020, the last day for the fiscal year, 2019/20. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Out of the total foreign exchange reserve, the reserve the Nepal Rastra Bank has decreased by 2.3 per cent to Rs 1,197 billion in mid-June 2021 from Rs 1,226 billion in mid-July 2020. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The total foreign exchange reserve of banks and financial institutions in Nepal (except that of NRB) have has decreased 4.4 per cent to Rs 168 billion against Rs 275 billion in the corresponding period last fiscal year. </span><br />
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<span style="font-family:"Arial Unicode MS",sans-serif">According to the Nepal Rastra Bank (NRB), the current account deficit has increased in this period as compared to correspondent period of the previous fiscal year. The current account deficit was Rs 62.56 billion in the same period of the previous fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">In the US dollar term, the current account has registered a deficit of 2.51 billion in the review period as compared to a deficit of 578.5 billion in the same period of the previous year, states the Current Macroeconomic and Financial Situation report of 11 months of the last fiscal year released by NRB on Thursday (July 15). </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">The balance of payments (BOP) registered a deficit of Rs 15.15 billion in the review period against a surplus of Rs 179.37 billion in the corresponding period of the previous fiscal year. In the US dollar term, the BOP recorded a deficit of 140.8 billion in the review period against a surplus of 1.50 billion in the same period of the previous year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The report further states that the capital transfer has increased by 8.4 per cent and reached to Rs 14.15 billion and net foreign direct investment (FDI) has decreased by 13.4 per cent to Rs 16.20 billion. In the corresponding period of the previous fiscal year, capital transfer and net FDI amounted to Rs 13.05 billion and 18.72 billion respectively. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the central bank, the total foreign exchange reserve has decreased 2.6 per cent to stand at over Rs 1,365 billion until June 14, 2021 as compared to more than Rs 1,401 billion until July 15, 2020, the last day for the fiscal year, 2019/20. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Out of the total foreign exchange reserve, the reserve the Nepal Rastra Bank has decreased by 2.3 per cent to Rs 1,197 billion in mid-June 2021 from Rs 1,226 billion in mid-July 2020. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The total foreign exchange reserve of banks and financial institutions in Nepal (except that of NRB) have has decreased 4.4 per cent to Rs 168 billion against Rs 275 billion in the corresponding period last fiscal year. </span><br />
</span></span></p>
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'title' => 'Current Account at a Deficit of Rs 293 Billion ',
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'summary' => 'July 16: The current account has remained at a deficit of Rs 293.97 billion in the first 11 months of the last fiscal year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri, sans-serif">July 16: </span><span style="font-family:"Arial Unicode MS",sans-serif">The current account has remained at a deficit of Rs 293.97 billion in the first 11 months of the last fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">According to the Nepal Rastra Bank (NRB), the current account deficit has increased in this period as compared to correspondent period of the previous fiscal year. The current account deficit was Rs 62.56 billion in the same period of the previous fiscal year. </span><br />
<span style="font-family:"Arial Unicode MS",sans-serif">In the US dollar term, the current account has registered a deficit of 2.51 billion in the review period as compared to a deficit of 578.5 billion in the same period of the previous year, states the Current Macroeconomic and Financial Situation report of 11 months of the last fiscal year released by NRB on Thursday (July 15). </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">The balance of payments (BOP) registered a deficit of Rs 15.15 billion in the review period against a surplus of Rs 179.37 billion in the corresponding period of the previous fiscal year. In the US dollar term, the BOP recorded a deficit of 140.8 billion in the review period against a surplus of 1.50 billion in the same period of the previous year. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The report further states that the capital transfer has increased by 8.4 per cent and reached to Rs 14.15 billion and net foreign direct investment (FDI) has decreased by 13.4 per cent to Rs 16.20 billion. In the corresponding period of the previous fiscal year, capital transfer and net FDI amounted to Rs 13.05 billion and 18.72 billion respectively. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">According to the central bank, the total foreign exchange reserve has decreased 2.6 per cent to stand at over Rs 1,365 billion until June 14, 2021 as compared to more than Rs 1,401 billion until July 15, 2020, the last day for the fiscal year, 2019/20. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Out of the total foreign exchange reserve, the reserve the Nepal Rastra Bank has decreased by 2.3 per cent to Rs 1,197 billion in mid-June 2021 from Rs 1,226 billion in mid-July 2020. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The total foreign exchange reserve of banks and financial institutions in Nepal (except that of NRB) have has decreased 4.4 per cent to Rs 168 billion against Rs 275 billion in the corresponding period last fiscal year. </span><br />
</span></span></p>
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