Nepal Rastra Bank Sets New Foreign Exchange Rates

The Nepal Rastra Bank has set new foreign exchange rates for various currencies. The central bank announced that the purchase rate for one US dollar is 152 rupees and 80 paisa, while the selling rate is 153 rupees and 40 paisa.

The exchange rates are as follows: one European Euro at 175 rupees and 19 paisa (purchase) to 175 rupees and 88 paisa (selling), one UK Pound Sterling at 204 rupees and 45 paisa (purchase) to 205 rupees and 26 paisa (selling).

The central bank also set exchange rates for other currencies, including the 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, Danish Kroner, Hong Kong Dollar, Kuwaiti Dinar, Bahraini Dinar, Omani Rial, and Indian Rupee.

The exchange rates can be revised at any time as needed, according to the central bank. It has also been informed that the exchange rates set by commercial banks may differ and will be available on the central bank's website.