The y-o-y consumer price inflation stood at 3.49 percent compared to 4.52 percent a year ago.
Merchandise exports increased 115.4 percent to Rs.44.04 billion compared to an increase of 10.5 percent in the same period of the previous year.
Merchandise imports increased 75.9 percent to Rs.314.52 billion against a decrease of 22.1 percent a year ago.
Trade deficit increased 70.8 percent to Rs.270.48 billion in two months of 2021/22 compared to a contraction of 24.9 percent in the corresponding period of the previous year.
Remittance inflows decreased 6.3 percent to Rs.155.37 billion against an increase
of
8.1 percent in the same period of the previous year.
Number
of Nepali workers taking approval for foreign employment increased significantly
to 38,492 in the review period. It had decreased 99.2 percent in
the
same period of the previous year.
Current account remained at a deficit of Rs.106.75 billion in against a surplus
of
Rs.25.16 billion in the same period of the previous year.
Balance of Payments (BOP) remained at a deficit of Rs.83.41
billion against a
surplus
of Rs.67.63 billion in the same period of the previous year.
Gross foreign exchange reserves decreased 6.6 percent to Rs.1306.95 billion in mid-September 2021 from Rs.1399.03 billion in mid-July 2021.
Based on the imports of two months of 2021/22, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 8.6 months, and merchandise and services imports of 7.8 months.
Total expenditure of the federal government stood at Rs.89.94 billion. Revenue mobilization stood at Rs.168.58 billion.
Broad
money (M2) increased 0.2 percent compared
to the growth of
0.9
percent in the corresponding period of the previous year.
On y-o-y
basis, M2 expanded 20.9
percent
in mid-September 2021.
Deposits at Banks and Financial Institutions (BFIs) increased 0.7 percent compared to an increase of 0.5 percent in the corresponding period of the previous year. On y-o-y basis, deposits at BFIs expanded 21.7 percent in mid-September 2021.
Private sector credit from
BFIs increased
5.7 percent compared to an
increase of
0.5 percent in
the corresponding period
of previous year. On y-o-y
basis, credit to the private
sector from BFIs increased 33.9
percent in mid-September 2021.
Weighted average deposit rate and lending rate of commercial banks stood at 4.92 percent and 8.57 percent respectively in the review month. Such rates were 5.61 percent and 10.18 percent respectively a year ago.
Total number of BFIs licensed by NRB remained 132 in mid-September 2021. As of mid-September 2021, 27 commercial banks, 18 development banks, 17 finance companies, 69 microfinance financial institutions and 1 infrastructure development bank are in operation. The number of BFIs branches reached 10,882 in mid-September 2021 from 10,683 in mid-July 2021.
NEPSE index stood 2812.3 in mid-September 2021 compared to 1541.4 in mid-September 2020.
Stock
market capitalization in mid-September
2021 stood Rs.3935.74 billion compared to Rs.2049.28 billion
in mid-September
2020.
Number of companies listed at NEPSE
reached 220 in mid-September
2021
Source : Nepal Rastra Bank
