Foreign exchange reserves excluding gold reached 9.17 USD bil in 2017 in Nepal, according to the National Statistical Office. This is 7.88 % more than in the previous year.
Historically, foreign exchange reserves excluding gold in Nepal reached an all time high of 9.17 USD bil in 2017 and an all time low of 0.017 USD bil in 1960. When compared to Nepal's main peers, foreign exchange reserves excluding gold in Bangladesh amounted to 32.8 USD bil, 1.21 USD bil in Bhutan, 3,159 USD bil in China and 389 USD bil in India in 2017.
Nepal has been ranked 65th within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 39 places above the position seen 10 years ago.
FX reserves in a strict sense are "only" the foreign currency deposits and bonds held by central banks and monetary authorities.