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Forex Update: US Dollar buying rate remains unchanged, selling price depreciates

Nepal Rastra Bank (NRB) has announced the official foreign exchange rates for Sunday. According to the central bank, the buying rate for one US dollar stands at Rs 136.30, while the selling rate is Rs 136.90.
By Republica

KATHMANDU, April 20: Nepal Rastra Bank (NRB) has announced the official foreign exchange rates for Sunday. According to the central bank, the buying rate for one US dollar stands at Rs 136.30, while the selling rate is Rs 136.90. On the previous day, the buying rate of one US dollar was set at Rs 136.30, while the selling rate stood at Rs 136.90.



The buying and selling rates for one euro have been fixed at Rs 155.03 and Rs 155.71 respectively. Similarly, the buying rate for one UK pound sterling is Rs 180.96 and the selling rate is Rs 181.76. The swiss franc is being traded at a buying rate of Rs 166.58 and a selling rate of Rs 167.31.


For other major currencies, the bank has set the buying and selling rates for one Australian dollar at Rs 86.89 and Rs 87.27 respectively; Canadian dollar at Rs 98.38 and Rs 98.81; and Singapore dollar at Rs 103.91 and Rs 104.37.


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The central bank has fixed the buying rate for 10 Japanese yen at Rs 9.58 and the selling rate at Rs 9.62. One Chinese yuan will trade at Rs 18.66 (buying) and Rs 18.75 (selling), while one Saudi riyal stands at Rs 36.33 (buying) and Rs 36.49 (selling). The buying and selling rates for one Qatari riyal are Rs 37.39 and Rs 37.56 respectively.


Likewise, the Thai baht is valued at Rs 4.08 (buying) and Rs 4.10 (selling), UAE dirham at Rs 37.11 and Rs 37.27, and Malaysian ringgit at Rs 30.88 and Rs 31.02.


The central bank has also fixed the buying and selling rates for 100 South Korean won at Rs 9.57 and Rs 9.62 respectively, Swedish krona at Rs 14.17 and Rs 14.23, and Danish krona at Rs 20.76 and Rs 20.85.


The buying rate for one Hong Kong dollar is Rs 17.56 and the selling rate is Rs 17.64. The Kuwaiti dinar stands at Rs 444.54 (buying) and Rs 446.50 (selling), the Bahraini dinar at Rs 361.61 and Rs 363.20, and the Omani riyal at Rs 354.03 and Rs 355.59.


Additionally, the central bank has fixed the buying rate for 100 Indian rupees at Rs 160.00 and the selling rate at Rs 160.15.


Nepal Rastra Bank has noted that these rates may be revised at any time if needed. It also stated that commercial banks may offer slightly different rates based on open market conditions, and the updated rates are available on the central bank's official website.


 

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