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Minor Fluctuations Observed in Foreign Currency Exchange Rates

May 28, Kathmandu – Nepal Rastra Bank reported minor fluctuations in foreign currency exchange rates today, with both slight declines and increases observed. According to the central bank, the buying rate of the US dollar was set at NPR 152.81 and the selling rate at NPR 153.41. The European euro’s buying rate stood at NPR 177.84 and selling rate at NPR 177.54, while the British pound sterling was quoted with a buying rate of NPR 205.32 and a selling rate of NPR 206.12. The Swiss franc had a buying rate of NPR 194.32 and selling rate of NPR 195.08.

The Australian dollar recorded a buying rate of NPR 108.97 and a selling rate of NPR 109.40. The Canadian dollar’s buying rate was NPR 110.42, with the selling rate at NPR 110.86. Singapore dollar rates were NPR 119.60 for buying and NPR 120.07 for selling. The Japanese yen (per 10 units) was valued at NPR 9.59 for buying and NPR 9.62 for selling. The Chinese yuan commanded a buying rate of NPR 22.53 and selling rate of NPR 22.72, while the Saudi Arabian riyal had a buying rate of NPR 40.72 and selling rate of NPR 40.88.

The Qatari riyal’s buying price was NPR 41.94 with a selling price of NPR 42.10. Thai baht stood at NPR 4.69 for buying and NPR 4.70 for selling. UAE dirham rates were NPR 41.61 and NPR 41.77, respectively, for buying and selling. The Malaysian ringgit’s buying rate was NPR 38.54 and selling rate was NPR 38.69. South Korean won (per 100 units) traded at NPR 10.20 for buying and NPR 10.24 for selling. The Swedish krona had a buying rate of NPR 16.49 and selling rate of NPR 16.55, while the Danish krone recorded NPR 23.80 for buying and NPR 23.89 for selling.

The central bank also reported that the Hong Kong dollar was set at NPR 19.51 for buying and NPR 19.58 for selling. Kuwait dinar’s buying rate was NPR 495.24 and selling rate NPR 520. The Bahraini dinar stood at NPR 405.33 for buying and NPR 460.92 for selling, while the Omani riyal was quoted at NPR 396.90 for buying and NPR 398.46 for selling. The Indian rupee (per 100 notes) was priced with a buying rate of NPR 160 and a selling rate of NPR 160.15.

Nepal Rastra Bank indicated that it may revise exchange rates at any time as needed. Commercial banks may use different rates, consequently, the most up-to-date exchange rates will be available on the central bank’s official website.