KATHMANDU: Nepal Rastra Bank (NRB) has published the official foreign exchange rates for Wednesday, with the euro, British pound and Australian dollar gaining value against the Nepali rupee.
The US dollar’s exchange rate remained unchanged from Tuesday, while the Kuwaiti dinar also maintained its previous buying and selling rates.
According to the central bank, the buying rate of one US dollar has been fixed at Rs 149.99 and the selling rate at Rs 150.59. The rates are unchanged from the previous day.
The US dollar had reached its highest recorded level on May 20, when its buying rate stood at Rs 154.62 and its selling rate at Rs 155.22.
Similarly, the buying rate of one euro has been set at Rs 168.41 and the selling rate at Rs 169.08. On Tuesday, the corresponding rates were Rs 167.89 and Rs 168.56.
The buying rate of one British pound sterling has increased to Rs 201.41, while the selling rate stands at Rs 202.22. On the previous day, the rates were Rs 201.26 and Rs 202.07, respectively.
Likewise, the Australian dollar’s buying rate has been fixed at Rs 103.69 and its selling rate at Rs 104.14, compared to Rs 103.57 and Rs 103.98 on Tuesday.
The buying rate of one Kuwaiti dinar stands at Rs 486.98, while the selling rate is Rs 488.93. The previous day’s rates were Rs 486.59 and Rs 488.53, respectively.
Meanwhile, the buying and selling rates of one Bahraini dinar remain unchanged at Rs 397.64 and Rs 399.23, respectively.
The central bank has fixed the buying rate of 100 Indian rupees at Rs 160 and the selling rate at Rs 160.15.
NRB has stated that the exchange rates may be revised at any time depending on market conditions. It has also clarified that rates set by commercial banks may differ from those published by the central bank. The latest exchange rates are available on NRB’s official website.
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