The Nepal Rastra Bank (NRB) has announced the official foreign currency exchange rates for today, reflecting the central bank’s ongoing efforts to maintain stability in the financial market. According to the latest update, the U.S. dollar is valued at a buying rate of NPR 141.76 and a selling rate of NPR 142.36. This adjustment aligns with the bank’s strategy to monitor currency movements while ensuring smooth foreign exchange operations across the country.
Exchange Rates for Key Global Currencies
In addition to the U.S. dollar, the NRB has set the Euro at a buying rate of NPR 166.49 and a selling rate of NPR 166.19. The British Pound Sterling is fixed at NPR 190.36 for buying and NPR 191.17 for selling, while the Swiss Franc has been set at NPR 177.60 for buying and NPR 178.35 for selling. These rates reflect ongoing fluctuations in the international currency market influenced by global economic trends, investor sentiment, and foreign trade flows.
The Australian Dollar is pegged at NPR 93.50 for buying and NPR 93.90 for selling. The Canadian Dollar has a buying rate of NPR 101.56 and a selling rate of NPR 101.99, while the Singapore Dollar stands at NPR 109.56 for buying and NPR 110.03 for selling. The Japanese Yen, quoted per 10 units, has a buying rate of NPR 9.43 and a selling rate of NPR 9.47, while the Chinese Yuan is set at NPR 19.91 for buying and NPR 20.00 for selling.
Exchange Rates for Middle Eastern and Asian Currencies
Middle Eastern currencies have also been updated, with the Saudi Riyal fixed at NPR 37.80 for buying and NPR 37.96 for selling, and the Qatari Riyal at NPR 38.89 for buying and NPR 39.06 for selling. The Thai Baht is pegged at NPR 4.37 for buying and NPR 4.39 for selling, while the UAE Dirham is NPR 38.59 for buying and NPR 38.76 for selling. The Malaysian Ringgit stands at NPR 33.63 for buying and NPR 33.77 for selling.
In the East Asian market, the South Korean Won per 100 units is NPR 10.03 for buying and NPR 10.07 for selling. Additionally, the Swedish Krona is set at NPR 15.05 for buying and NPR 15.11 for selling, and the Danish Kroner at NPR 22.16 for buying and NPR 22.26 for selling. The Hong Kong Dollar has a buying rate of NPR 18.21 and a selling rate of NPR 18.29.
High-Value Currency Updates
Among higher-value currencies, the Kuwaiti Dinar is valued at NPR 463.97 for buying and NPR 465.84 for selling. The Bahraini Dinar is set at NPR 376.05 for buying and NPR 377.64 for selling, while the Omani Riyal is pegged at NPR 368.19 for buying and NPR 369.75 for selling. Indian currency also remains a crucial reference for cross-border trade, with NPR 160 for buying and NPR 160.15 for selling per NPR 100.
NRB Advisory and Market Flexibility
The central bank has emphasized that the exchange rates may be revised as needed to respond to market dynamics. This flexibility allows the NRB to maintain currency stability, manage foreign reserves effectively, and ensure smooth operations in the foreign exchange market. Banks and financial institutions are authorized to set their own rates, which may vary slightly from the central bank’s published rates. Updated exchange rates are available on the NRB’s official website, providing transparency and timely information for businesses and individuals involved in foreign trade or remittances.
Nepal Rastra Bank’s proactive management of foreign currency rates aims to support economic stability, facilitate international transactions, and protect the interests of both the banking sector and the general public. By keeping exchange rates aligned with global trends and domestic economic conditions, the NRB ensures that Nepal’s financial system remains resilient amid changing international markets.
