Nepal Rastra Bank Sets Foreign Exchange Rates
Nepal Rastra Bank has set foreign exchange rates for various currencies. The buying rate for one US dollar is at 150 rupees and 88 paisa, while the selling rate is at 151 rupees and 48 paisa. For European Euro, the buying rate is at 175 rupees and 29 paisa, with a selling rate of 175 rupees and 99 paisa.
The central bank has also set exchange rates for other currencies such as 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 Kroner, and Danish Kroner.
The exchange rates for these currencies range from 11 rupees to 491 rupees per unit. The central bank has informed that the exchange rates can be revised at any time as needed.