Forex Update: Nepali rupee strengthens against US dollar

Summary

Nepal Rastra Bank has fixed the foreign exchange rates for Tuesday, showing a strengthening of the Nepali rupee against the US dollar. The buying rate for one US dollar is Rs. 139.47 and the selling rate is Rs. 140.07.

Key Points
  • Nepal Rastra Bank fixed the buying rate of one US dollar at Rs. 139.47 and the selling rate at Rs. 140.07 for Tuesday.
  • The Nepali rupee has strengthened against the US dollar compared to Monday's rates of Rs. 139.79 (buying) and Rs. 140.39 (selling).
  • Exchange rates for other major currencies like the Euro, British Pound, and Swiss Franc were also published.
  • NRB stated that these foreign exchange rates are subject to revision at any time and may vary at commercial banks.
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