NRB Sets Foreign Exchange Rates for Monday
Nepal Rastra Bank (NRB) has set the foreign exchange rates for Monday. The central bank fixed various currency exchange rates, including the buying and selling rates for major currencies such as the US dollar, euro, British pound sterling, and others.
The NRB fixed the buying rate of one US dollar at Rs 152.04 and the selling rate at Rs 152.64. Similarly, the euro has a buying rate of Rs 175.74 and a selling rate of Rs 176.43. The British pound sterling stands at Rs 205.13 for buying and Rs 205.94 for selling.
The exchange rates may be revised at any time as necessary, according to the central bank. Commercial banks may also have different exchange rates, which can be found on the NRB's website. This is in line with the central bank's standard practice of setting foreign exchange rates daily.