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Forex Update: US dollar, euro edge up

Nepal Rastra Bank has announced the exchange rates for 22 foreign currencies for Friday.   
By REPUBLICA

KATHMANDU, Sept 5: Nepal Rastra Bank (NRB) has announced the exchange rates for 22 foreign currencies for today, with both the US dollar and the European euro showing a slight appreciation.



The buying rate of one US dollar has been fixed at Rs. 140.74, and the selling rate at Rs. 141.34. This marks a small increase from Thursday’s rates of Rs. 140.62 (buying) and Rs. 141.22 (selling).


Similarly, the euro climbed slightly, with today’s buying rate at Rs. 163.87 and the selling rate at Rs. 164.57, compared to Thursday’s Rs. 163.70 and Rs. 164.39, respectively.


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Other major currencies also remained steady. The British pound is set at Rs. 189.08 (buying) and Rs. 189.89 (selling), while the Swiss franc stands at Rs. 174.68 (buying) and Rs. 175.43 (selling). The Australian dollar is at Rs. 91.73 (buying) and Rs. 92.13 (selling), the Canadian dollar at Rs. 101.80 (buying) and Rs. 102.24 (selling), and the Singapore dollar at Rs. 109.15 (buying) and Rs. 109.61 (selling).


Among Asian currencies, 10 Japanese yen are trading at Rs. 9.49 (buying) and Rs. 9.53 (selling), while the Chinese yuan stands at Rs. 19.71 (buying) and Rs. 19.79 (selling). The Saudi riyal is fixed at Rs. 37.51 (buying) and Rs. 37.67 (selling), and the Qatari riyal at Rs. 38.61 (buying) and Rs. 38.78 (selling).


The Thai baht is set at Rs. 4.35 (buying) and Rs. 4.37 (selling), the UAE dirham at Rs. 38.32 (buying) and Rs. 38.48 (selling), the Malaysian ringgit at Rs. 33.31 (buying) and Rs. 33.45 (selling), and 100 South Korean won at Rs. 10.10 (buying) and Rs. 10.14 (selling). Similarly, the Swedish krona is fixed at Rs. 14.88 (buying) and Rs. 14.95 (selling), while the Danish krone stands at Rs. 21.95 (buying) and Rs. 22.05 (selling).


Among Gulf currencies, the Hong Kong dollar is set at Rs. 18.05 (buying) and Rs. 18.12 (selling), the Kuwaiti dinar at Rs. 460.22 (buying) and Rs. 462.18 (selling), the Bahraini dinar at Rs. 373.31 (buying) and Rs. 374.90 (selling), and the Omani riyal at Rs. 365.57 (buying) and Rs. 367.13 (selling).


The Indian rupee remains unchanged, with INR 100 fixed at Rs. 160 (buying) and Rs. 160.15 (selling).


NRB stated that these rates may be revised at any time as per market needs. It also noted that commercial banks could set slightly different figures, with updated rates available on its official website.

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