Nepal Rastra Bank (NRB) has published the official foreign exchange rates for today, with the US dollar climbing to its highest level ever against the Nepali rupee. According to the central bank, the continued strengthening of the dollar reflects global currency trends and ongoing pressures in international markets.
As per the exchange rates fixed for Wednesday, one US dollar is being traded at a buying rate of NPR 145.35 and a selling rate of NPR 145.95, marking a new historical high. The rising dollar has implications for Nepal’s import costs, foreign trade balance, and overall economy, especially given the country’s heavy dependence on imports.
Exchange Rates of Major Global Currencies
Alongside the US dollar, NRB has also published updated rates for other major international currencies. The European euro has been fixed at a buying rate of NPR 170.86 and a selling rate of NPR 171.56, while the UK pound sterling stands at NPR 195.02 for buying and NPR 195.83 for selling. Similarly, the Swiss franc has been set at a buying rate of NPR 182.55 and a selling rate of NPR 183.31, reflecting its continued strength in global financial markets.
Among Asia-Pacific currencies, the Australian dollar has been fixed at NPR 96.44 (buying) and NPR 96.84 (selling), while the Canadian dollar stands at NPR 105.48 for buying and NPR 105.92 for selling. The Singapore dollar has been valued at NPR 112.70 (buying) and NPR 113.17 (selling).
Asian and Middle Eastern Currency Rates
The central bank has also updated exchange rates for major Asian currencies. The Japanese yen (per 10 units) has been fixed at a buying rate of NPR 9.38 and a selling rate of NPR 9.42, while the Chinese yuan stands at NPR 20.64 for buying and NPR 20.72 for selling.
In the Middle East category, the Saudi Arabian riyal has been set at NPR 38.75 (buying) and NPR 38.91 (selling), while the Qatari riyal stands at NPR 39.77 for buying and NPR 39.93 for selling. According to NRB, the UAE dirham has been fixed at NPR 39.58 (buying) and NPR 39.74 (selling), reflecting its peg to the US dollar.
Rates for Other International Currencies
Other currencies have also been updated by the central bank. The Thai baht has been set at NPR 4.61 for buying and NPR 4.63 for selling, while the Malaysian ringgit stands at NPR 35.58 (buying) and NPR 35.72 (selling).
Similarly, the South Korean won (per 100 units) has been fixed at NPR 9.85 for buying and NPR 9.90 for selling. The Swedish krona has been valued at NPR 15.61 (buying) and NPR 15.67 (selling), while the Danish krone stands at NPR 22.87 for buying and NPR 22.96 for selling. The Hong Kong dollar has been fixed at NPR 18.68 (buying) and NPR 18.76 (selling).
High-Value Gulf Currencies and Indian Rupee
Among the high-value Gulf currencies, the Kuwaiti dinar has been fixed at a buying rate of NPR 474.05 and a selling rate of NPR 476.01, making it the most valuable foreign currency against the Nepali rupee. The Bahraini dinar stands at NPR 385.54 for buying and NPR 387.14 for selling, while the Omani riyal has been fixed at NPR 377.53 (buying) and NPR 379.09 (selling). Meanwhile, the Indian currency, which is pegged with the Nepali rupee, has been fixed at NPR 160 for buying and NPR 160.15 for selling per 100 Indian rupees.
Central Bank’s Notice and Market Impact
Nepal Rastra Bank has stated that the published exchange rates are subject to revision at any time as required, depending on market conditions. The central bank has also clarified that commercial banks may apply different exchange rates, and the latest updated rates are available on the official NRB website.
Economists note that a stronger dollar could increase import costs and inflationary pressure, while remittance inflows and export earnings may see marginal benefits. As currency movements continue to be influenced by global economic conditions, NRB has emphasized its commitment to monitoring the situation closely to maintain monetary stability.
