KATHMANDU, Nov. 16 -- Nepal's Balance of Payments (BoP) recorded a surplus of Rs 12.43 billion in the first three months of the current fiscal year, due to an increase in remittance inflow, decline in imports and increase in foreign direct investment (FDI) over the period.

The BoP was recorded positive after 14 months of the country facing continuous downfall in the net financial inflows. As of mid-October last year, the country was in BoP deficit of Rs 87.71 billion. In the US Dollar terms, the BOP remained at a surplus of 91.8 million in the review period compared to a deficit of 741.2 million in the same period of the previous year, shows the 'Current Macroeconomic and Financial Situation of Nepal' unveiled by Nepal Rastra Bank (NRB)....