Nepal Rastra Bank (NRB) has announced the exchange rate for foreign currencies today, setting new benchmarks for various international currencies. As per the NRB’s official statement, the buying rate for the US Dollar is set at NPR 138.74, while the selling rate stands at NPR 139.34. The Euro is being traded at a buying rate of NPR 144.06 and a selling rate of NPR 144.68, marking a slight shift in its value compared to previous days.
In addition to the US Dollar and Euro, the British Pound Sterling has been set at a buying rates of NPR 172.85 and a selling rate of NPR 173.60, providing key insights into the currency’s movement in the current market. The Swiss Franc is being valued at a buying rate of NPR 152.36 and a selling rates of NPR 153.02, while the Australian Dollar has a buying rates of NPR 87.16 and a selling rates of NPR 87.53.
Furthermore, the Canadian Dollar is being traded at a buying rate of NPR 97.05 and a selling rate of NPR 97.47. The Singapore Dollar, another major international currency, has been set at a buying rate of NPR 102.55 and a selling rate of NPR 103.00.
As for Asian currencies, the Japanese Yen has been set at a buying rate of NPR 9.04 per 10 Yen and a selling rate of NPR 9.08. The Chinese Yuan is trading at a buying rate of NPR 18.98 and a selling rate of NPR 19.06, reflecting its strong presence in the market. Other significant currencies include the Saudi Arabian Riyal, which has a buying rate of NPR 36.99 and a selling rate of NPR 37.15, as well as the Qatari Riyal, with a buying rate of NPR 38.05 and a selling rate of NPR 38.22.
Moving on to regional currencies, the Thai Baht has been assigned a buying rate of NPR 4.06 and a selling rate of NPR 4.08, whereas the UAE Dirham is listed at a buying rate of NPR 37.77 and a selling rate of NPR 38.08. The Malaysian Ringgit is being exchanged at a buying rate of NPR 31.02 and a selling rate of NPR 31.16, and the South Korean Won (per 100 Won) has a buying rate of NPR 9.54 and a selling rate of NPR 9.59.
European currencies also feature prominently, with the Swedish Krona valued at a buying rate of NPR 12.76 and a selling rate of NPR 12.82. The Danish Krona, another significant currency in the Nordic region, has a buying rate of NPR 19.32 and a selling rate of NPR 19.40.
The Hong Kong Dollar is being traded at a buying rate of NPR 17.81 and a selling rate of NPR 17.89, while the Kuwaiti Dinar, one of the most valuable currencies in the world, has been set at a buying rate of NPR 449.30 and a selling rate of NPR 451.25. The Bahraini Dinar and Omani Rial are listed at a buying rate of NPR 368.06 and NPR 360.35, respectively, with selling rates of NPR 369.65 and NPR 361.91. For those dealing with Indian currency, the buying rate for 100 Indian Rupees is NPR 160, and the selling rate is NPR 160.15.
The NRB has also mentioned that these exchange rates are subject to revision as required. This flexibility in the rates highlights the dynamic nature of the global currency market and the need for continual updates to reflect international economic conditions. The commercial banks in Nepal may set slightly different exchange rates based on these figures, and updated rates can be found on the NRB’s official website.
The exchange rates set by Nepal Rastra Bank are crucial for a wide range of economic activities, from international trade to tourism. The rate fluctuations reflect global economic trends, and these changes play a significant role in shaping Nepal’s foreign exchange reserves. Travelers, traders, and financial institutions will closely monitor these rates to gauge market movements and make informed decisions.
In conclusion, Nepal Rastra Bank’s latest exchange rates offer critical insights into the foreign exchange market and provide an essential benchmark for individuals and businesses involved in cross-border transactions. While the rates can fluctuate, the NRB’s proactive approach ensures that the public has access to timely information, contributing to a transparent and stable currency environment.
For the latest and most accurate exchange rate information, individuals and businesses are advised to consult the official NRB website or visit their local commercial bank.
