KATHMANDU, May 31: Nepal Rastra Bank has announced the official foreign exchange rates for May 30. According to the central bank, the buying rate for one US dollar is Rs 136.52, while the selling rate stands at Rs 137.12. The euro is being bought at Rs 154.07 and sold at Rs 154.75. The buying and selling rates for the pound sterling are Rs 183.86 and Rs 184.67, respectively, while the Swiss franc is trading at Rs 164.96 (buying) and Rs 165.68 (selling).
Among other major currencies, the Australian dollar is being bought at Rs 87.87 and sold at Rs 88.26. The Canadian dollar has a buying rate of Rs 98.70 and a selling rate of Rs 99.14. Similarly, the Singapore dollar is valued at Rs 105.84 for buying and Rs 106.30 for selling. For the Japanese yen (per 10 yen), the buying rate is Rs 9.42 and the selling rate is Rs 9.46. The Chinese yuan is being traded at Rs 18.99 (buying) and Rs 19.07 (selling).
Revised interest rate corridor system introduced
In the Middle Eastern currencies, the Saudi riyal has a buying rate of Rs 36.39 and a selling rate of Rs 36.55, while the Qatari riyal is set at Rs 37.46 and Rs 37.62. The Thai baht stands at Rs 4.17 (buying) and Rs 4.19 (selling). The UAE dirham is trading at Rs 37.17 for buying and Rs 37.33 for selling. The Malaysian ringgit is at Rs 32.17 (buying) and Rs 32.31 (selling), while the South Korean won (per 100 won) is valued at Rs 9.93 (buying) and Rs 9.97 (selling).
The Swedish krona is being bought at Rs 14.17 and sold at Rs 14.23, and the Danish krone is at Rs 20.66 (buying) and Rs 20.75 (selling). The Hong Kong dollar stands at Rs 17.41 for buying and Rs 17.49 for selling. The Kuwaiti dinar has the highest rate, with a buying price of Rs 444.60 and a selling price of Rs 446.56. The Bahraini dinar is priced at Rs 362.12 (buying) and Rs 363.71 (selling), while the Omani riyal is being bought at Rs 354.62 and sold at Rs 356.18. The Indian rupee (per 100) is set at Rs 160.00 for buying and Rs 160.15 for selling.
The central bank stated that these rates may be revised at any time based on market needs. It also noted that commercial banks may offer slightly different rates and that the latest exchange rates are available on the Nepal Rastra Bank's official website.
