Positive Outlook for Foreign Currency Exchange Rates Set by Nepal Rastra Bank
Nepal Rastra Bank has set the exchange rates for foreign currencies on Sunday. The buying rate for the US Dollar is determined at NPR 153.25 and the selling rate at NPR 153.85, showing stability. Similarly, the Australian Dollar's buying rate is NPR 109.73 and selling rate NPR 110.16, while the Canadian Dollar's buying rate is NPR 111.47 and selling rate NPR 111.91. Furthermore, the Euro's buying rate is NPR 178.38 and selling rate NPR 179.08, and the UK Pound Sterling's buying rate is NPR 204.95 and selling rate NPR 205.75, offering consistency in transactions. Nepal Rastra Bank has indicated that these exchange rates may be revised as needed, allowing flexibility for adjustments as required. Commercial banks are advised that exchange rates can vary and updated rates are available on the central bank's website for transparency and convenience.