KATHMANDU, Aug 13: The US dollar is flexing its muscles again. According to Nepal Rastra Bank (NRB), the greenback will trade at Rs. 140.05 for buying and Rs. 140.65 for selling on Wednesday—up from Tuesday’s Rs. 139.96 and Rs. 140.56.
The euro is holding steady at Rs. 162.54 for buying and Rs. 163.23 for selling, while the British pound sterling fetches Rs. 188.40 and Rs. 189.20. The Swiss franc stands at Rs. 172.61 for buying and Rs. 173.35 for selling.
Forex Update: Nepali rupee gains ground against US dollar
In the Asia-Pacific basket, the Australian dollar is valued at Rs. 90.83 for buying and Rs. 91.22 for selling, the Canadian dollar at Rs. 101.48 and Rs. 101.92, and the Singapore dollar at Rs. 108.87 and Rs. 109.33. The Japanese yen (per 10 units) trades at Rs. 9.43 and Rs. 9.47, while the Chinese yuan goes for Rs. 19.48 and Rs. 19.57.
Gulf currencies remain strong, with the Saudi riyal at Rs. 37.32 for buying and Rs. 37.48 for selling, the Qatari riyal at Rs. 38.43 and Rs. 38.59, and the UAE dirham at Rs. 38.13 and Rs. 38.29. The heavyweight Kuwaiti dinar stands tall at Rs. 458.08 for buying and Rs. 460.05 for selling, with the Bahraini dinar at Rs. 371.49 and Rs. 373.08. The Omani riyal is pegged at Rs. 363.76 and Rs. 365.32.
Other notable movers include the Thai baht at Rs. 4.31 and Rs. 4.33, the Malaysian ringgit at Rs. 33.10 and Rs. 33.24, the South Korean won (per 100 units) at Rs. 10.07 and Rs. 10.11, the Swedish krona at Rs. 14.52 and Rs. 14.58, the Danish krone at Rs. 21.78 and Rs. 21.87, and the Hong Kong dollar at Rs. 17.84 and Rs. 17.92.
NRB has stated that rates may be adjusted at any time, and commercial banks could offer slightly different rates. The most up-to-date figures are available on the central bank’s official website.
