NRB Sets Exchange Rates for Saturday
Nepal Rastra Bank has set the foreign exchange rates for Saturday. The central bank determined that the purchase rate for one US dollar is 154 rupees and 21 paisa, while the selling rate is 154 rupees and 81 paisa.
The bank also fixed the rates for other major currencies. For one Australian dollar, the purchase rate is 107 rupees and 82 paisa, with a selling rate of 108 rupees and 24 paisa. Similarly, for one Canadian dollar, the purchase rate is 109 rupees and 53 paisa, and the selling rate is 109 rupees and 95 paisa.
The Nepal Rastra Bank releases these exchange rates regularly to provide a stable framework for businesses and individuals involved in international trade and finance. The bank's decision aims to maintain economic stability and control inflation by regulating the value of foreign currencies.