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Forex Update: US dollar edges up against Nepali rupee

Nepal Rastra Bank has published the official foreign exchange rates for Friday, covering 22 currencies.
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KATHMANDU, Aug 22: Nepal Rastra Bank (NRB) has published the official foreign exchange rates for Friday, covering 22 currencies.



The U.S. dollar has edged up against the Nepali rupee, with the buying rate set at Rs 139.34 and the selling rate at Rs 139.94. On Thursday, the rates stood at Rs 139.01 for buying and Rs 139.61 for selling.


The euro is valued at Rs 162.32 for buying and Rs 163.02 for selling, while the British pound sterling stands at Rs 187.54 and Rs 188.35, respectively. The Swiss franc has been fixed at Rs 172.85 for buying and Rs 173.59 for selling.


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Similarly, the Australian dollar is traded at Rs 89.60 for buying and Rs 89.98 for selling, the Canadian dollar at Rs 100.39 and Rs 100.82, and the Singapore dollar at Rs 108.28 and Rs 108.74. Ten Japanese yen are priced at Rs 9.42 for buying and Rs 9.46 for selling, while the Chinese yuan stands at Rs 19.41 and Rs 19.50. The Saudi riyal is set at Rs 37.13 for buying and Rs 37.29 for selling, and the Qatari riyal at Rs 38.23 and Rs 38.40.


Other notable rates include the Thai baht at Rs 4.27 for buying and Rs 4.29 for selling, the UAE dirham at Rs 37.94 and Rs 38.10, the Malaysian ringgit at Rs 32.98 and Rs 33.13, and the South Korean won (100 units) at Rs 9.97 and Rs 10.01. Likewise, the Swedish krona is valued at Rs 14.54 for buying and Rs 14.60 for selling, while the Danish krone is set at Rs 21.75 and Rs 21.84.


The Hong Kong dollar is fixed at Rs 17.83 for buying and Rs 17.91 for selling. Among the stronger Gulf currencies, the Kuwaiti dinar stands at Rs 455.79 and Rs 457.75, the Bahraini dinar at Rs 369.58 and Rs 371.17, and the Omani rial at Rs 361.92 and Rs 363.48.


For the Indian currency, 100 rupees are fixed at Rs 160.00 for buying and Rs 160.15 for selling.


NRB stated that these rates may be revised as needed, while commercial banks may set slightly different figures. Updated exchange rates are available on the central bank’s official website.

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