KATHMANDU, Aug 20: Nepal Rastra Bank (NRB) has set the foreign exchange rates for 22 currencies for Wednesday, showing a slight gain for the Nepali rupee against the US dollar.
According to the central bank, the buying rate for one US dollar is now Rs. 138.83 and the selling rate Rs. 139.43. On Tuesday, the rates stood higher at Rs. 139.47 (buying) and Rs. 140.07 (selling), marking a modest strengthening of the Nepali currency.
The euro has been fixed at Rs. 162.19 for buying and Rs. 162.89 for selling, while the pound sterling stands at Rs. 187.67 and Rs. 188.48. Similarly, the Swiss franc is priced at Rs. 172.35 (buying) and Rs. 173.10 (selling).
Forex Update: US dollar strengthens against Nepali rupee
For other major currencies, the Australian dollar is traded at Rs. 90.09 (buying) and Rs. 90.48 (selling), the Canadian dollar at Rs. 100.52 and Rs. 100.96, and the Singapore dollar at Rs. 108.20 and Rs. 108.67.
The Japanese yen is valued at Rs. 9.39 (buying) and Rs. 9.43 (selling) per 10 units, while the Chinese yuan stands at Rs. 19.34 and Rs. 19.42. The Saudi riyal has been set at Rs. 37.00 and Rs. 37.16, and the Qatari riyal at Rs. 38.09 and Rs. 38.26.
Likewise, the Thai baht is priced at Rs. 4.27 (buying) and Rs. 4.29 (selling), the UAE dirham at Rs. 37.80 and Rs. 37.96, and the Malaysian ringgit at Rs. 32.87 and Rs. 33.01. The South Korean won is fixed at Rs. 9.99 (buying) and Rs. 10.04 (selling) per 100 units.
According to NRB, the Swedish kroner is traded at Rs. 14.55 and Rs. 14.61, the Danish krona at Rs. 21.73 and Rs. 21.82, and the Hong Kong dollar at Rs. 17.79 and Rs. 17.87.
Among the Gulf currencies, the Kuwaiti dinar has been set at Rs. 454.24 (buying) and Rs. 456.21 (selling), the Bahraini dinar at Rs. 368.25 and Rs. 369.84, and the Omani riyal at Rs. 360.58 and Rs. 362.14.
For the Indian currency, the rate for INR 100 remains fixed at Rs. 160.00 for buying and Rs. 160.15 for selling.
NRB has noted that these rates are subject to revision when required, while commercial banks may adopt slightly different rates. The latest updates are available on the central bank’s official website.
