Nepal Rastra Bank Sets Foreign Exchange Rates Amid Market Volatility
The Nepal Rastra Bank has set the exchange rates for various foreign currencies in Nepal. The purchase rate for one US dollar is 152 rupees and 57 paisa, while the selling rate is 153 rupees and 17 paisa. Similarly, the purchase rate for one Australian dollar is 109 rupees and 48 paisa, and the selling rate is 109 rupees and 91 paisa.
The exchange rates for other currencies, including the European Euro, UK Pound Sterling, and Canadian dollar, have also been set by the National Bank. The purchase and selling rates for these currencies range from 177 rupees and 58 paisa to 207 rupees and 09 paisa per unit.
It's worth noting that the exchange rates can be revised at any time as needed, and commercial banks may have different rates. The updated exchange rate will be available on the central bank's website.