In the 11 months of the fiscal year 2080/081 BS, Nepal’s trade deficit has reached Rs 1337.39 billion. According to the data released by the Department of Customs, imports amounted to approximately Rs 1481 billion, while exports stood at Rs 143.58 billion until the end of the month Jestha. However, it is important to note that the volume of foreign trade in the country has decreased in the current fiscal year compared to the previous fiscal year.
Highlights:
- “Nepal’s Trade Deficit Narrows to Rs. 14.54 Kharba in FY 2079/80 with Rs. 16.11 Kharba Total Imports”
- Significant Drop in Gold Prices and Silver Follows Suit in Nepal’s Domestic Market
- NRB Governor Discusses Power Export and Hydropower Sector Development with IPPAN
- NEPSE Drops 58.93 Points, Closes at 2,470.39 Amid Heavy Trading
- Nepal’s Trade Deficit Stands at Rs. 12.04 Kharba for First Ten Months of Fiscal Year