Remittance inflows reached Rs 1.92 trillion — equivalent to approximately $13.26 billion — in the ten months ending mid-May 2026, according to Nepal Rastra Bank data. The 41.2 percent year-on-year increase in rupee terms, and 33 percent in dollar terms, is a sharp acceleration from the 13.3 percent growth recorded in the same period of the previous fiscal year.
The sustained inflow has contributed to ample liquidity in the banking sector, with the NRB using monetary operations including deposit collection instruments and bond issuances to keep short-term interest rates within its Interest Rate Corridor.
The external sector more broadly continues to show strength, with the NRB reporting a higher current account surplus, a larger balance of payments surplus, and historically high foreign exchange reserves as of the latest reporting period.