KATHMANDU: Nepal Rastra Bank has set the foreign exchange rates for today (Tuesday), showing a decline in the value of most major currencies, including the US dollar, euro, pound sterling, Kuwaiti dinar, and Bahraini dinar.
However, the Australian dollar has seen a slight increase. The exchange rates of these foreign currencies have been on a downward trend for the past few days.
Yesterday, the US dollar, euro, pound sterling, Kuwaiti dinar, and Bahraini dinar also experienced a drop in value.
Today, the buying rate of one US dollar is Rs. 136.72, while the selling rate is Rs. 137.32. Yesterday, the buying rate was Rs. 137.26, and the selling rate was Rs. 137.86.
Similarly, the buying rate of one European euro today is Rs. 148.28, and the selling rate is Rs. 148.93, compared to yesterday’s rates of Rs. 148.45 and Rs. 149.10, respectively.
Likewise, the British pound sterling has a buying rate of Rs. 177.16 and a selling rate of Rs. 177.94, slightly lower than yesterday’s Rs. 177.33 and Rs. 178.11.
The Australian dollar, on the other hand, has gained value. Today, the buying rate is Rs. 86.11, and the selling rate is Rs. 86.49, whereas yesterday, it was Rs. 86.08 and Rs. 86.45, respectively.
Among Middle Eastern currencies, the Kuwaiti dinar has a buying rate of Rs. 443.55 and a selling rate of Rs. 445.50, showing a decrease from yesterday’s Rs. 445.29 and Rs. 447.23.
Similarly, the Bahraini dinar is being traded at a buying rate of Rs. 362.69 and a selling rate of Rs. 364.28, down from Rs. 364.12 and Rs. 365.71 yesterday.
The continued decline in the exchange rates of major currencies reflects trends in the global foreign exchange market.
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