US Dollar Reaches New High Against Nepali Rupee as Central Bank Sets Exchange Rates
Kathmandu. The Nepal Rastra Bank (NRB) has set the foreign exchange rates for Saturday. Accordingly, the value of the US dollar has reached a high point. Similarly, the exchange rates for the European Euro, UK Pound Sterling, and most other foreign currencies have also increased.
The determined exchange rate sets the buying rate for one US dollar at 151 rupees 41 paisa and the selling rate at 152 rupees 01 paisa. Likewise, the buying rate for one Australian dollar is set at 104 rupees 37 paisa and the selling rate at 104 rupees 79 paisa, while the buying rate for one Canadian dollar is set at 109 rupees 32 paisa and the selling rate at 109 rupees 75 paisa.
The buying rate for one European Euro is set at 174 rupees 32 paisa and the selling rate at 175 rupees 01 paisa, and the buying rate for one UK Pound Sterling is set at 201 rupees 41 paisa and the selling rate at 202 rupees 20 paisa.
The central bank has stated that this exchange rate can be revised at any time as needed. It was also mentioned that the exchange rates set by commercial banks may differ, and the updated exchange rates will be available on the central bank's website.
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