Forex snapshot: Dollar holds firm as global currencies shift marginally

By REPUBLICA
Published: August 04, 2025 08:59 AM

KATHMANDU, Aug 4: The US dollar remains steady as Nepal Rastra Bank (NRB) unveiled today’s foreign exchange rates. The greenback is holding its ground with no change from Sunday, trading at Rs 139.77 for buying and Rs 140.37 for selling—suggesting a moment of calm in an otherwise fluid currency landscape.

Europe’s major currencies showed moderate strength according to the foreign exchange rate determined by Nepal Rastra Bank for Monday. The Euro inched up, being bought at Rs 161.93 and sold at Rs 162.63. Meanwhile, the British pound continues to lead among Western currencies, with the buying rate set at Rs 185.61 and the selling rate at Rs 186.40.

Among other Western currencies, the Swiss Franc is trading at Rs 173.84 (buying) and Rs 174.59 (selling). The Canadian dollar continues to show resilience, with rates fixed at Rs 101.37 and Rs 101.81, respectively. The Australian dollar, slightly lower in value, is pegged at Rs 90.53 for buying and Rs 90.92 for selling.

In Asia, currencies reflected mixed movements. The Japanese Yen, calculated per 10 units, is trading at Rs 9.48 for buying and Rs 9.52 for selling. China’s Yuan stands at Rs 19.38 (buying) and Rs 19.46 (selling), while the Singapore dollar is being exchanged at Rs 108.46 and Rs 108.92, respectively.

From the Gulf, the Saudi Riyal is priced at Rs 37.26 (buying) and Rs 37.42 (selling), while the Qatari Riyal follows closely at Rs 38.24 and Rs 38.40. The UAE Dirham is also holding steady, with rates at Rs 38.05 for buying and Rs 38.22 for selling.

Other Asian currencies include the Thai Baht at Rs 4.30 (buying) and Rs 4.32 (selling), and the Malaysian Ringgit at Rs 32.68 and Rs 32.82, respectively. South Korea’s Won, listed per 100 units, is being exchanged at Rs 10.06 for buying and Rs 10.11 for selling.

Scandinavian currencies saw stable figures. The Swedish Krona is priced at Rs 14.49 (buying) and Rs 14.55 (selling), while the Danish Krone is trading at Rs 21.70 and Rs 21.79, respectively. The Hong Kong Dollar is being exchanged at Rs 17.81 (buying) and Rs 17.88 (selling).

Closer to home, 100 Indian Rupees are set at Rs 160 for buying and Rs 160.15 for selling, reflecting minimal fluctuation—typical of the stable trade dynamics between Nepal and India.

Among high-value currencies, the Kuwaiti Dinar leads with a buying rate of Rs 457.36 and a selling rate of Rs 459.33. The Bahraini Dinar follows it at Rs 370.74 and Rs 372.33, and the Omani Rial at Rs 363.02 and Rs 364.58.

NRB has reminded that these rates may change depending on market trends and that commercial banks might offer slightly different rates. Updated figures can always be found on the central bank’s official website.