Forex Update: Nepali rupee weakens against US dollar

Summary

Nepal Rastra Bank has increased the buying and selling rates for the US dollar against the Nepali rupee, with updated foreign currency exchange rates released for Friday.

Key Points
  • Nepal Rastra Bank set the buying rate for one US dollar at Rs. 139.79 and the selling rate at Rs. 140.39.
  • The buying rate for Euro is Rs. 163.35 and for British Pound Sterling is Rs. 189.82.
  • Exchange rates for multiple currencies including Swiss franc, Australian dollar, Canadian dollar, and others were updated.
  • NRB noted that rates may be revised anytime and commercial banks may have slight variations in rates.
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