Remittance inflows into Nepal in the first two months of the fiscal year were down from the heady 23 percent growth in the first month, but the growth rate still hit a robust 8.1 percent.

According to Nepal Rastra Bank’s macroeconomic report released on Wednesday, Nepalis abroad sent back Rs165.73 billion in the two-month period even with the world economy in a tailspin due to the Covid-19 pandemic.

The central bank report said migrant workers sent home Rs73.02 billion during the period mid-August to mid-September. Nepal’s fiscal year begins in mid-July.

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