Forex Update: US dollar drops, Euro appreciates

Summary

Nepal Rastra Bank set the foreign exchange rates showing a slight depreciation of the US dollar and appreciation of the Euro against the Nepali rupee.

Key Points
  • Nepal Rastra Bank fixed the buying rate of the US dollar at Rs 139.91 and selling rate at Rs 140.51.
  • The Euro is trading higher at Rs 163.25 (buying) and Rs 163.95 (selling).
  • The Pound Sterling, Swiss Franc, and other major currencies' exchange rates have also been updated.
  • The Kuwaiti dinar remains the highest valued currency against the Nepali rupee at Rs 458.03 (buying).
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