
The NEPSE Journal
Market commentary, data deep-dives, and trading notes from the NEPSE Trading desk.

Nepal’s BoP shows early strength in 2025/26, supported by remittances and reserves. But with imports rising and FDI weakening, sustaining the current account surplus will depend on structural reforms and export diversification.

Nepal’s financial account surplus reached Rs. 80 billion, powered by reserve buildup rather than investment inflows. Weak FDI and rising loan repayments continue to underline structural weaknesses.

Nepal’s secondary income rose to Rs. 195 billion in one month, with remittances offsetting trade losses and stabilizing the BoP, though dependence on migrant earnings remains a long-term vulnerability.

Nepal repaid Rs. 5.8 billion in foreign loans within one month, tightening BoP liquidity and raising concerns over rising debt-service obligations amid limited new inflows.

Nepal’s FDI recorded a net outflow of Rs. 611 million in the first month of FY 2025/26, highlighting persistent investor uncertainty and policy bottlenecks that are pushing capital out of the country.

Nepal’s trade deficit stayed above Rs. 109 billion in one month, despite higher exports, highlighting structural weaknesses in production and competitiveness. The deficit is being masked by remittance inflows, but sustainability remains in question.

Nepal’s foreign reserves jumped to Rs. 93.5 billion in one month, the strongest buffer in years, driven by remittance inflows and stable external flows, giving Nepal breathing space despite high trade deficits.

Nepal received Rs. 176 billion in remittances in a single month, a record figure that is sustaining the economy by offsetting the trade deficit and boosting reserves.