Nepal Rastra Bank Announces Fixed Exchange Rates for Foreign Currencies
The Nepal Rastra Bank has announced the exchange rates for various foreign currencies in Nepal. The buying rate of one US dollar is fixed at Rs 153.24, while the selling rate is set at Rs 153.84.
The bank also fixed the exchange rates for other major currencies, including the euro, UK pound sterling, Swiss franc, Australian dollar, Canadian dollar, Singapore dollar, Japanese yen, Chinese yuan, Saudi Arabian riyal, Qatari riyal, Thai baht, UAE dirham, Malaysian ringgit, South Korean won, Swedish krona, Danish krone, Hong Kong dollar, Kuwaiti dinar, Bahraini dinar, Omani rial, and Indian rupees.
The exchange rates for each currency are as follows: euro (buying rate Rs 174.29, selling rate Rs 174.97), UK pound sterling (buying rate Rs 202.69, selling rate Rs 203.48), Swiss franc (buying rate Rs 185.25, selling rate Rs 185.98), Australian dollar (buying rate Rs 107.73, selling rate Rs 108.15), Canadian dollar (buying rate Rs 108.65, selling rate Rs 109.07), Singapore dollar (buying rate Rs 119.73, selling rate Rs 120.20), Japanese yen (10 units = Rs 9.65 for buying and Rs 9.69 for selling), Chinese yuan (buying rate Rs 22.83, selling rate Rs 22.92), Saudi Arabian riyal (buying rate Rs 40.81, selling rate Rs 40.97), Qatari riyal (buying rate Rs 42.04, selling rate Rs 42.21), Thai baht (buying rate Rs 4.58, selling rate Rs 4.59), UAE dirham (buying rate Rs 41.72, selling rate Rs 41.89), Malaysian ringgit (buying rate Rs 37.49, selling rate Rs 37.64), South Korean won (100 units = Rs 11.18 for buying and Rs 11.23 for selling), Swedish krona (buying rate Rs 15.50, selling rate Rs 15.56), Danish krone (buying rate Rs 23.31, selling rate Rs 23.41), Hong Kong dollar (buying rate Rs 19.54, selling rate Rs 19.62), Kuwaiti dinar (buying rate Rs 498.02, selling rate Rs 499.97), Bahraini dinar (buying rate Rs 406.52, selling rate Rs 408.11), Omani rial (buying rate Rs 398.02, selling rate Rs 399.58), and Indian rupees (100 units = Rs 160 for both buying and selling).
The Nepal Rastra Bank noted that the exchange rates may be revised at any time as necessary and that the exchange rates quoted by commercial banks may differ from the central bank’s rates.