NRB Announces Foreign Exchange Rates for Major Currencies
Nepal Rastra Bank (NRB) has announced the foreign exchange rates for major currencies today. The NRB sets daily exchange rates to facilitate smooth transactions between different currencies. For one US dollar, the buying rate is NPR 152.57 and the selling rate is NPR 153.17. This implies that banks will buy dollars from customers at NPR 152.57 and sell them at NPR 153.17.
The exchange rates for other major currencies are also set by NRB. The buying rate for one Euro is NPR 177.58, while the selling rate is NPR 178.28. Similarly, the buying rate for one UK Pound Sterling is NPR 207.09 and the selling rate is NPR 207.91.
The NRB has also set exchange rates for other currencies such as 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 Krona, Hong Kong Dollar, Kuwaiti Dinar, Bahraini Dinar, Omani Riyal, and Indian Rupees.