Forex Update: US dollar holds steady, euro gains ground

By REPUBLICA
Published: September 02, 2025 07:17 AM

KATHMANDU, Sept 2: Nepal Rastra Bank (NRB) has published the foreign exchange rates for 22 international currencies for Tuesday. The US dollar held steady for the third consecutive day, with the buying rate fixed at Rs. 140.82 and the selling rate at Rs. 141.42.

Meanwhile, the euro showed an upward trend. Its buying rate climbed to Rs. 165.03 and the selling rate to Rs. 165.73, compared to Monday’s Rs. 164.56 and Rs. 165.26, respectively.

The British pound sterling is trading at Rs. 190.47 for buying and Rs. 191.28 for selling, while the Swiss franc has been set at Rs. 176.03 and Rs. 176.78.

Other key currencies include the Australian dollar at Rs. 92.32 (buying) and Rs. 92.71 (selling), the Canadian dollar at Rs. 102.48 and Rs. 102.92, and the Singapore dollar at Rs. 109.72 and Rs. 110.19. The Japanese yen has been fixed at Rs. 9.57 for buying and Rs. 9.61 for selling per 10 units.

In the Asian market, the Chinese yuan stands at Rs. 19.74 and Rs. 19.82, the Saudi Arabian riyal at Rs. 37.53 and Rs. 37.69, and the Qatari riyal at Rs. 38.63 and Rs. 38.80. The Thai baht is being exchanged at Rs. 4.36 and Rs. 4.38, while the UAE dirham is set at Rs. 38.34 and Rs. 38.50.

The Malaysian ringgit has been fixed at Rs. 33.33 and Rs. 33.47, the South Korean won (per 100 units) at Rs. 10.11 and Rs. 10.15, the Swedish kroner at Rs. 14.98 and Rs. 15.05, and the Danish kroner at Rs. 22.11 and Rs. 22.20.

Among Gulf currencies, the Kuwaiti dinar remains the highest, trading at Rs. 460.83 for buying and Rs. 462.79 for selling. The Bahraini dinar is set at Rs. 373.53 and Rs. 375.12, while the Omani riyal stands at Rs. 365.78 and Rs. 367.34. The Hong Kong dollar is at Rs. 18.06 and Rs. 18.14.

Closer to home, the Indian currency has been fixed at Rs. 160 for buying and Rs. 160.15 for selling per 100 units.

NRB has noted that these exchange rates may be revised at any time depending on market fluctuations. It has also clarified that commercial banks may adopt slightly different rates, with updated figures available on the central bank’s official website.