Nepal Rastra Bank Sets Foreign Exchange Rates
Summary
Nepal Rastra Bank has set the foreign exchange rates for various currencies including the US dollar, European Euro, and UK Pound Sterling, with rates subject to revision as needed.
Key Points
- Nepal Rastra Bank announced foreign exchange purchase and selling rates for multiple currencies.
- The US dollar purchase rate is set at 151 rupees 62 paisa with a selling rate of 152 rupees 22 paisa.
- Rates for other currencies such as Australian dollar, Canadian dollar, European Euro, and UK Pound Sterling are also specified.
- The central bank stated exchange rates can be revised at any time and commercial banks' rates may differ.