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Forex Update: US Dollar holds firm against Nepali rupee

Nepal Rastra Bank has released the foreign exchange rates for Thursday, covering 22 international currencies.
By REPUBLICA

KATHMANDU, Aug 28: Nepal Rastra Bank (NRB) has released the foreign exchange rates for Thursday, covering 22 international currencies. The US dollar continues to hold steady, unchanged from Wednesday, with the buying rate fixed at Rs 140 and the selling rate at Rs 140.60.



In the European market, the euro is being traded at a buying rate of Rs 162.17 and a selling rate of Rs 162.86, while the UK pound sterling stands stronger at Rs 188.03 (buying) and Rs 188.84 (selling). Likewise, the Swiss franc is pegged at Rs 173.47 for buying and Rs 174.21 for selling.


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Among other major currencies, the Australian dollar is set at Rs 90.51/90.90, the Canadian dollar at Rs 101.09/101.52, and the Singapore dollar at Rs 108.58/109.05. The Japanese yen (per 10 units) is priced at Rs 9.45/9.49, while the Chinese yuan trades at Rs 19.55/19.63.


From the Gulf region, the Saudi Arabian riyal is valued at Rs 37.31/37.47, the Qatari riyal at Rs 38.40/38.57, and the UAE dirham at Rs 38.12/38.28. Meanwhile, the Kuwaiti dinar remains one of the highest-valued currencies, standing at Rs 457.79/459.75, followed by the Bahraini dinar at Rs 371.31/372.90 and the Omani rial at Rs 363.66/365.22.


In Asia, the Thai baht is set at Rs 4.31/4.33, the Malaysian ringgit at Rs 33.06/33.20, and the South Korean won (per 100 units) at Rs 10.01/10.06. The Hong Kong dollar trades at Rs 17.99/18.06, while the Swedish Krona and Danish Kroner are fixed at Rs 14.59/14.65 and Rs 21.72/21.82, respectively.


Closer to home, 100 Indian rupees has been fixed at Rs 160 (buying) and Rs 160.15 (selling).


The NRB has clarified that these rates may be revised at any time if required, and that commercial banks may post slightly different figures. For the latest updates, the central bank’s official website remains the primary source.

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