Forex update: Nepali rupee gains edge over US Dollar
Summary
The Nepali rupee strengthened against the US dollar with the Nepal Rastra Bank setting the dollar buying rate at Rs. 139.61 and selling rate at Rs. 140.21 on Thursday.
Key Points
- Nepali rupee gained strength over the US dollar on Thursday.
- Nepal Rastra Bank set the buying rate for one US dollar at Rs. 139.61 and the selling rate at Rs. 140.21.
- The rates for various other currencies including the Euro, Pound, Swiss franc, Australian dollar, and Indian rupee were detailed by Nepal Rastra Bank.
- Importers benefit slightly due to the drop in the US dollar exchange rate against the Nepali rupee.
