Nepal Rastra Bank Sets New Foreign Exchange Rates
Nepal Rastra Bank has set the foreign exchange rates for various currencies. The buying rate for one US dollar is set at 151 rupees and 97 paisa, while the selling rate is 152 rupees and 57 paisa. This rate can be revised at any time as needed, according to the central bank.
The buying rate for other currencies is also determined by the central bank: one Australian dollar is set at 108 rupees and 84 paisa, while the selling rate is 109 rupees and 27 paisa. Similarly, the buying rate for one Canadian dollar is 109 rupees and 41 paisa, with a selling rate of 109 rupees and 85 paisa.
The central bank has also set exchange rates for European Euro and UK Pound Sterling: 176 rupees and 29 paisa for buying, and 176 rupees and 99 paisa for selling. The same applies to the UK Pound Sterling, with a buying rate of 205 rupees and 84 paisa, and a selling rate of 206 rupees and 66 paisa.