Money foreign workers send home jumps by 25 percent

Remittances rose to Rs733.22 billion in the first half of the current fiscal and the foreign exchange reserves ballooned to a record high of Rs1.81 trillion.

The remittance inflows to Nepal jumped by a staggering 25.3 percent to Rs733.22 billion year-on-year in the first half of the current fiscal year that ended mid-January, Nepal’s central bank said on Tuesday.