Forex Update: US dollar, euro edge up
Summary
Nepal Rastra Bank announced a slight appreciation in the US dollar and euro exchange rates against the Nepalese Rupee.
Key Points
- Nepal Rastra Bank fixed the US dollar buying rate at Rs. 140.74 and selling rate at Rs. 141.34.
- The euro also saw a slight increase with a buying rate of Rs. 163.87 and selling rate of Rs. 164.57.
- Other major currencies like the British pound, Swiss franc, Australian dollar, and Canadian dollar remained steady.
- NRB noted that these rates may be revised as per market needs and commercial banks can have slightly different rates.