The Nepal Rastra Bank (NRB), the central monetary authority of the country, has released the latest foreign exchange rates applicable for Friday. According to the official data published by the NRB, the exchange rates for major international currencies including the US Dollar, Euro, Pound Sterling, and Chinese Yuan have been updated based on the prevailing international market trends and domestic monetary policies.
Updated Exchange Rates Announced
According to today’s bulletin, the US Dollar remains one of the most closely monitored foreign currencies in Nepal. The buying rate for one US Dollar has been fixed at Rs. 141.76, while the selling rate stands at Rs. 142.36. This rate shows a relatively stable position of the dollar against the Nepali rupee in recent days, reflecting a balanced demand and supply scenario in the domestic market.
Similarly, the European Euro has been set at a buying rate of Rs. 164.67 and a selling rate of Rs. 165.37, while the UK Pound Sterling continues to remain one of the highest-valued foreign currencies in Nepal with a buying rate of Rs. 189.58 and a selling rate of Rs. 190.39. The Swiss Franc, another strong global currency, is fixed at Rs. 177.00 for buying and Rs. 177.75 for selling.
Rates for Major International Currencies
Among other major currencies, the Australian Dollar has been set at Rs. 93.50 (buying) and Rs. 93.90 (selling). Likewise, the Canadian Dollar stands at Rs. 101.61 for buying and Rs. 102.04 for selling. The Singapore Dollar has been valued at Rs. 109.40 (buying) and Rs. 109.86 (selling), reflecting moderate stability.
In the case of the Japanese Yen, the rate for ten units stands at Rs. 9.28 for buying and Rs. 9.32 for selling, indicating slight variation compared to earlier weeks. Similarly, the Chinese Yuan has been valued at Rs. 19.90 (buying) and Rs. 19.99 (selling).
The Saudi Arabian Riyal stands at Rs. 37.79 (buying) and Rs. 37.95 (selling), while the Qatari Riyal has been fixed at Rs. 38.89 (buying) and Rs. 39.06 (selling). These Middle Eastern currencies continue to hold significance for Nepal, given the large number of Nepali migrant workers based in Gulf countries who send remittances back home.
Exchange Rates for Asian and Gulf Currencies
The NRB bulletin also highlights exchange rates for other Asian currencies. The Thai Baht has been set at Rs. 4.35 for buying and Rs. 4.37 for selling, while the UAE Dirham stands at Rs. 38.59 (buying) and Rs. 38.76 (selling).
The Malaysian Ringgit has been fixed at Rs. 33.62 (buying) and Rs. 33.77 (selling), continuing its consistent position in recent weeks. The South Korean Won, for every 100 units, is priced at Rs. 9.99 (buying) and Rs. 10.03 (selling), showing a narrow spread in rates. Among European currencies, the Swedish Kroner stands at Rs. 14.99 (buying) and Rs. 15.06 (selling), while the Danish Kroner is set at Rs. 22.05 (buying) and Rs. 22.15 (selling).
High-Value Middle Eastern Currencies
The Hong Kong Dollar has been valued at Rs. 18.22 for buying and Rs. 18.30 for selling, showing a marginal fluctuation compared to earlier data. The Kuwaiti Dinar, known as the world’s most valuable currency, continues to top the chart with a buying rate of Rs. 464.03 and a selling rate of Rs. 465.99.
Similarly, the Bahraini Dinar has been set at Rs. 376.00 (buying) and Rs. 377.59 (selling), while the Omani Riyal is fixed at Rs. 368.19 (buying) and Rs. 369.75 (selling). These Gulf currencies have significant importance for Nepal’s economy, as remittances from the Middle East remain one of the largest contributors to the national foreign exchange reserves.
Indian Rupee Exchange Rate
Given the close economic and trade relationship between Nepal and India, the exchange rate of the Indian Rupee remains of particular interest. The NRB has fixed the rate for 100 Indian Rupees at Rs. 160.00 for buying and Rs. 160.15 for selling. The rate is pegged and remains largely stable, as the Nepali rupee is directly linked with the Indian rupee through a fixed exchange system.
Policy Flexibility and Rate Adjustments
The Nepal Rastra Bank has clarified that these exchange rates are subject to revision at any time, depending on international currency fluctuations and domestic market conditions. The central bank continuously monitors foreign exchange trends to maintain monetary stability and support Nepal’s import-driven economy.
Furthermore, the NRB has emphasized that the exchange rates set by commercial banks may vary slightly from those published by the central bank, as financial institutions are allowed to adjust rates within a small margin to account for operational factors. The NRB has also encouraged individuals and businesses to refer to the central bank’s official website for the most updated and accurate exchange rates before engaging in foreign currency transactions.
Outlook
With international markets showing mixed trends amid global economic uncertainties, Nepal’s foreign exchange market is expected to experience minor fluctuations in coming days. Analysts note that the stable US dollar and moderate Euro movements will likely keep Nepal’s foreign exchange environment balanced, barring any major global financial disruptions.
The latest figures from the Nepal Rastra Bank indicate that while the Nepali rupee continues to remain under mild pressure against stronger currencies like the dollar and pound, the overall exchange rate stability is being maintained through active central bank intervention and sound monetary policy measures.
