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Forex Update: Nepali rupee strengthens against US dollar

According to the central bank, the US dollar has decreased. 
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KATHMANDU, Aug 19: Nepal Rastra Bank (NRB) has fixed the foreign exchange rates for Tuesday. According to the central bank, the US dollar has decreased, with the buying rate of one U.S. dollar set at Rs. 139.47 and the selling rate at Rs. 140.07. On Monday, the buying rate for one US dollar was set at Rs 139.79 and the selling rate at Rs 140.39. 



Similarly, the buying rate of one European euro is Rs. 162.99 and the selling rate Rs. 163.69; one U.K. pound sterling has a buying rate of Rs. 188.90 and a selling rate of Rs. 189.71; and one Swiss franc has a buying rate of Rs. 172.89 and a selling rate of Rs. 173.63.


The buying rate of one Australian dollar is Rs. 90.83, and the selling rate Rs. 91.22; one Canadian dollar is Rs. 101.11 (buying) and Rs. 101.55 (selling); and one Singapore dollar is Rs. 108.76 (buying) and Rs. 109.23 (selling).


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Forex Update: US dollar strengthens against Nepali rupee


Ten Japanese yen have a buying rate of Rs. 9.46 and a selling rate of Rs. 9.50; one Chinese yuan is at Rs. 19.43 (buying) and Rs. 19.51 (selling); one Saudi Arabian riyal is at Rs. 37.17 (buying) and Rs. 37.33 (selling); and one Qatari riyal is at Rs. 38.26 (buying) and Rs. 38.43 (selling).


According to NRB, one Thai baht has a buying rate of Rs. 4.30 and a selling rate of Rs. 4.32; one UAE dirham is at Rs. 37.97 (buying) and Rs. 38.14 (selling); one Malaysian ringgit is at Rs. 33.03 (buying) and Rs. 33.17 (selling); 100 South Korean won are at Rs. 10.07 (buying) and Rs. 10.11 (selling); one Swedish krona is at Rs. 14.60 (buying) and Rs. 14.66 (selling); and one Danish krone is at Rs. 21.84 (buying) and Rs. 21.93 (selling).


The buying rate of one Hong Kong dollar is Rs. 17.84 and the selling rate Rs. 17.92; one Kuwaiti dinar is Rs. 456.50 (buying) and Rs. 458.46 (selling); one Bahraini dinar is Rs. 369.94 (buying) and Rs. 371.53 (selling); and one Omani riyal is Rs. 362.26 (buying) and Rs. 363.81 (selling).


For 100 Indian rupees, the buying rate is set at Rs. 160 and the selling rate at Rs. 160.15.


NRB has stated that these rates are subject to revision at any time if necessary. It has also mentioned that commercial banks may set slightly different rates, and updated exchange rates will be available on the central bank’s website.

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