NRB Announces Foreign Exchange Rates for Friday

Nepal's central bank, Nepal Rastra Bank (NRB), has fixed foreign exchange rates for Friday. The buying rate of one US dollar is set at Rs 152.80 and the selling rate at Rs 153.40. The NRB also announced rates for other major currencies, including the euro, UK pound sterling, Swiss franc, Australian dollar, Canadian dollar, Singapore dollar, Saudi Arabian riyal, Qatari riyal, UAE dirham, Kuwaiti dinar, Bahraini dinar, Omani riyal, Japanese yen, Chinese yuan, Malaysian ringgit, South Korean won, and Indian rupee.

The NRB's rates show that the buying rate of one euro has been fixed at Rs 175.19 and the selling rate at Rs 175.88. The buying rate of one UK pound sterling is set at Rs 204.45 and the selling rate at Rs 205.26, while the buying rate of one Swiss franc has been fixed at Rs 187.71 and the selling rate at Rs 188.45.

The NRB stated that commercial banks' exchange rates under the open market system may vary slightly from the central bank's daily reference rates.