Nepal received Rs 1.92 trillion in remittances in the first ten months of fiscal year 2025/26, representing a 41.2 percent increase over the same period of the prior year. In US dollar terms the inflows grew approximately 33 percent to around $13.26 billion. Remittances now account for an estimated 39 to 40 percent of Nepal's gross domestic product, making them the single largest source of foreign exchange.
The surge has kept banking-sector liquidity at elevated levels and contributed to a larger balance-of-payments surplus. However, NRB's new monetary policy noted that high liquidity has not spurred a corresponding pickup in credit to the productive economy, with sluggish loan disbursement remaining a concern. Managing excess liquidity generated by remittances, tourism income, and public expenditure is identified in the policy as one of the key operational challenges for the coming fiscal year.