Nepal Rastra Bank Updates Foreign Exchange Rates for Key Currencies

Nepal Rastra Bank, the country's central financial institution, has announced the latest foreign exchange rates for various currencies. The bank set the buying rate for one US dollar at 153.78 Nepalese rupees and the selling rate at 154.38 rupees. Other key rates include the Australian dollar at 107.03 rupees for purchase and 107.45 rupees for sale, while the Canadian dollar is priced at 107.95 rupees for buying and 108.37 rupees for selling.

The European Euro is listed at 172.32 rupees when purchasing and 172.99 rupees when selling. The UK Pound Sterling has a buying rate of 203.32 rupees and a selling rate of 204.11 rupees. The central bank emphasized that these exchange rates are subject to change at any time based on market conditions.

The rates published by commercial banks may differ from those set by Nepal Rastra Bank. For the most current exchange rates, the central bank advises checking its official website. The bank’s decision to update these rates reflects its role in maintaining stability in the country’s foreign exchange market.