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Nepal Rastra Bank Updates Foreign Exchange Rates for Wednesday

Nepal Rastra Bank Updates Foreign Exchange Rates for Wednesday

Nepal Rastra Bank (NRB) has announced the foreign exchange rates for Wednesday, reflecting fluctuations in the value of various international currencies. As per the latest rates, the value of the US Dollar, Euro, UK Pound Sterling, Swiss Franc, Canadian Dollar, Chinese Yuan, Malaysian Ringgit, and Hong Kong Dollar has decreased. Conversely, the Singapore Dollar, Bahraini Dinar, and Omani Riyal have seen an increase in value.

According to NRB, the buying rate of the US Dollar is set at NPR 135.20, while the selling rate stands at NPR 135.80. The buying rate for the European Euro is NPR 142.25, with a selling rate of NPR 142.88. The UK Pound Sterling is valued at NPR 171.22 for buying and NPR 171.98 for selling. Similarly, the Swiss Franc has a buying rate of NPR 152.88 and a selling rate of NPR 153.56.

For other currencies, the Australian Dollar has a buying rate of NPR 87.72 and a selling rate of NPR 88.11. The Canadian Dollar is set at NPR 96.31 for buying and NPR 96.73 for selling. The Singapore Dollar’s buying rate is NPR 100.53, and its selling rate is NPR 101.98.

Among Asian currencies, 10 Japanese Yen is valued at NPR 9.02 for buying and NPR 9.06 for selling, while one Chinese Yuan is set at NPR 18.56 for buying and NPR 18.64 for selling. The Saudi Arabian Riyal is priced at NPR 35.98 for buying and NPR 36.14 for selling, while the Qatari Riyal has a buying rate of NPR 37.09 and a selling rate of NPR 37.25.

Other notable rates include the Thai Baht at NPR 3.93 for buying and NPR 3.94 for selling, the UAE Dirham at NPR 36.81 for buying and NPR 36.97 for selling, and the Malaysian Ringgit, which has decreased to NPR 30.25 for buying and NPR 30.38 for selling.

The South Korean Won (100 units) is set at NPR 9.64 for buying and NPR 9.68 for selling. Meanwhile, the Swedish Kroner is priced at NPR 12.29 for buying and NPR 12.34 for selling, and the Danish Kroner has a buying rate of NPR 19.07 and a selling rate of NPR 19.16.

Additionally, the Hong Kong Dollar is valued at NPR 17.37 for buying and NPR 17.45 for selling. The Kuwaiti Dinar is set at NPR 439.89 for buying and NPR 441.84 for selling. The Bahraini Dinar stands at NPR 358.58 for buying and NPR 360.17 for selling, while the Omani Riyal has a buying rate of NPR 351.18 and a selling rate of NPR 352.74.

For the Indian Rupee, 100 units are set at NPR 160 for buying and NPR 160.15 for selling.

NRB has stated that these rates are subject to revision at any time based on market needs. It also noted that the exchange rates set by commercial banks might differ and advised stakeholders to check the NRB’s official website for updated rates.

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