Nepal Rastra Bank Fixes Foreign Currency Exchange Rates

Nepal Rastra Bank has fixed the exchange rates for various foreign currencies. According to the central bank, the buying rate for one US dollar is Rs 151.88, while the selling rate stands at Rs 152.48.

The buying and selling rates for other major currencies have also been set: euro (buying rate: Rs 176.54, selling rate: Rs 177.24), pound sterling (Rs 205.52 and Rs 206.33 respectively), Swiss franc (Rs 187.37 and Rs 188.11), Australian dollar (Rs 109.58 and Rs 110.01), Canadian dollar (Rs 110.17 and Rs 110.61), Singapore dollar (Rs 120.05 and Rs 120.52).

The bank has also fixed exchange rates for some Asian currencies, including Japanese yen (10 yen: Rs 9.88 buying rate, Rs 9.92 selling rate), Chinese yuan (buying rate: Rs 22.64, selling rate: Rs 22.73), and Thai baht (Rs 4.62 buying rate, Rs 4.63 selling rate).

Nepal Rastra Bank states that the exchange rates may be revised at any time depending on market conditions and requirements.