Nepal Rastra Bank (NRB), the central bank of the country, has announced the foreign exchange rates for today. According to the central bank, the U.S. Dollar (USD) is being traded at a buying rate of Rs. 140.76 and a selling rate of Rs. 141.36.
Dollar, Euro, and Pound Rates
The European Euro (EUR) is set at a buying rate of Rs. 163.72 and a selling rate of Rs. 164.42. The British Pound Sterling (GBP) has a buying rate of Rs. 188.33 and a selling rate of Rs. 189.13. Meanwhile, the Swiss Franc (CHF) is quoted at a buying rate of Rs. 174.85 and a selling rate of Rs. 175.59.
Other Major Currencies
The Australian Dollar (AUD) is being traded at Rs. 91.57 for buying and Rs. 91.96 for selling. The Canadian Dollar (CAD) has a buying rate of Rs. 102.05 and a selling rate of Rs. 102.48. The Singapore Dollar (SGD) is priced at Rs. 109.22 for buying and Rs. 109.68 for selling.
Asian Currencies
The Japanese Yen (JPY) at 10 units has a buying rate of Rs. 9.47 and a selling rate of Rs. 9.51. The Chinese Yuan (CNY) is set at Rs. 19.70 for buying and Rs. 19.79 for selling. The Saudi Arabian Riyal (SAR) is being traded at Rs. 37.51 for buying and Rs. 37.67 for selling, while the Qatari Riyal (QAR) has a buying rate of Rs. 38.62 and a selling rate of Rs. 38.78.
Southeast Asian Currencies
The Thai Baht (THB) is quoted at Rs. 4.34 for buying and Rs. 4.36 for selling. The UAE Dirham (AED) has a buying rate of Rs. 38.32 and a selling rate of Rs. 38.49. The Malaysian Ringgit (MYR) is priced at Rs. 33.28 for buying and Rs. 33.42 for selling. The South Korean Won (KRW) at 100 units has a buying rate of Rs. 10.08 and a selling rate of Rs. 10.13.
Scandinavian Currencies
The Swedish Krona (SEK) is being traded at Rs. 14.89 for buying and Rs. 14.95 for selling. The Danish Krona (DKK) has a buying rate of Rs. 21.94 and a selling rate of Rs. 22.03.
Middle Eastern Currencies
The Hong Kong Dollar (HKD) is quoted at Rs. 18.03 for buying and Rs. 18.11 for selling. The Kuwaiti Dinar (KWD) is being traded at a buying rate of Rs. 460.08 and a selling rate of Rs. 462.04. The Bahraini Dinar (BHD) has a buying rate of Rs. 373.37 and a selling rate of Rs. 374.97, while the Omani Rial (OMR) is set at Rs. 365.62 for buying and Rs. 367.18 for selling.
Indian Rupee
The Indian Rupee (INR) is being traded at Rs. 160.00 for buying and Rs. 160.15 for selling.
Central Bank Disclaimer
NRB has stated that these exchange rates may be revised at any time based on necessity. Commercial banks may set slightly different rates, and the updated exchange rates are made available on the central bank’s official website. This daily adjustment by the central bank helps maintain stability in the foreign exchange market, guiding both individuals and businesses in Nepal for their currency transactions.
Maintaining stable exchange rates is critical for Nepal, which relies heavily on imports and foreign remittances. Consistent currency values help control inflation, facilitate trade, and ensure predictable costs for imported goods, including essential commodities. By providing daily benchmarks for currency trading, the central bank contributes to transparency and confidence in the financial market.
Foreign exchange rates also influence tourism, investment, and cross-border employment, sectors that are vital to Nepal’s economy. A well-regulated exchange rate ensures that remittances from Nepali workers abroad retain value when converted to the local currency. Moreover, businesses engaged in international trade can plan pricing, budgeting, and procurement strategies more effectively.
