US Dollar reaches record high in Nepali Market

Photo Courtesy: Reuters

Kathmandu: The Nepal Rastra Bank (NRB) has announced today’s foreign exchange rates, with the US dollar reaching a record high, further strengthening the value of other foreign currencies.

According to the NRB, the buying and selling rates for the US dollar are Rs 138.23 and Rs 138.83, respectively, while the euro stands at Rs 140.86 for buying and Rs 141.47 for selling.

The British pound sterling is valued at Rs 167.59 for buying and Rs 168.32 for selling, and the Swiss franc is at Rs 150.77 and Rs 151.42, respectively. Similarly, the Australian dollar is valued at Rs 84.98 for buying and Rs 85.35 for selling, and the Canadian dollar is at Rs 95.80 and Rs 96.22.

Among Asian currencies, 10 Japanese yen have a buying rate of Rs 8.79 and a selling rate of Rs 8.82, while the Chinese yuan is at Rs 18.85 and Rs 18.93. The Saudi Arabian riyal is valued at Rs 36.82 for buying and Rs 36.98 for selling, the Qatari riyal at Rs 37.92 and Rs 38.08, and the UAE dirham at Rs 37.63 and Rs 37.80.

For 100 Indian rupees, the buying and selling rates are Rs 160 and Rs 160.15, respectively. High-value currencies like the Kuwaiti dinar, Bahraini dinar, and Omani rial are priced at Rs 447.52, Rs 366.67, and Rs 359.06 for buying and Rs 449.46, Rs 368.26, and Rs 360.62 for selling, respectively.

Other currencies such as the Malaysian ringgit, Thai baht, South Korean won, Swedish krona, Danish krone, and Hong Kong dollar also saw adjusted rates. The NRB has stated that these rates are subject to revision and may differ from commercial bank rates, with the latest updates available on the central bank’s website.