KATHMANDU, Sept. 26 (Xinhua) -- Nepal had 15.5 billion U.S. dollars in foreign exchange reserves by mid-August, a record high for the South Asian country, according to a central bank report on Thursday.

The forex reserves grew 2.5 percent from mid-July and are enough to buy foreign goods and services for 13.5 months, Nepal Rastra Bank said.

"The increase in remittances and earnings from tourists led to the record-high foreign exchange reserves," Dilli Ram Pokhrel, the bank's information officer, told Xinhua.

The inflow of remittances stood at 1.02 billion dollars between mid-July and mid-August, the first month of the current 2024-25 fiscal year, up from 879.8 million dollars during the same period of the previous fiscal year, the report said. Enditem

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