NRB Announces Fixed Exchange Rates for Foreign Currencies
Nepal Rastra Bank (NRB) has announced the fixed exchange rates for various foreign currencies as of today. The central bank sets the buying and selling rates to facilitate smooth transactions.
The buying rate of one US dollar is set at Rs 150.88, while the selling rate is Rs 151.48. Similarly, the euro's buying rate is Rs 175.10 and its selling rate is Rs 175.79. Other currencies such as British 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 krona, Danish krone, Hong Kong dollar, Kuwaiti dinar, Bahraini dinar, Omani rial, and Indian rupee also have fixed rates.
The exchange rates may be revised at any time depending on the circumstances, according to NRB. It is essential for individuals and businesses to check the official website of Nepal Rastra Bank for the latest exchange rates as commercial banks may offer different rates.