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Forex Update: Dollar holds steady, Euro appreciates

Nepal Rastra Bank has set the foreign exchange rates for 22 international currencies for Monday.
By REPUBLICA

KATHMANDU, Sept 8: Nepal Rastra Bank (NRB) has set the foreign exchange rates for 22 international currencies for Monday.



The US dollar remained stable compared to Sunday, with a buying rate of Rs. 140.93 and a selling rate of Rs. 141.53. In contrast, the European Euro gained ground slightly. Today, one Euro buys for Rs. 165.16 and sells for Rs 165.86, compared to Sunday’s rates of Rs 164.66 (buying) and Rs. 165.36 (selling).


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Forex Update: US dollar appreciates


Other major currencies include the UK Pound Sterling at Rs. 190.39 (buying) and Rs. 191.20 (selling), and the Swiss Franc at Rs. 176.57 (buying) and Rs. 177.32 (selling). The Australian dollar is set at Rs. 92.41 (buying) and Rs. 92.80 (selling), while the Canadian dollar stands at Rs. 101.91 (buying) and Rs. 102.34 (selling). The Singapore dollar is valued at Rs 109.69 (buying) and Rs. 110.16 (selling).


Among Asian currencies, the Japanese Yen (per 10) is Rs. 9.56 (buying) and Rs. 9.60 (selling), the Chinese Yuan at Rs. 19.76 (buying) and Rs. 19.84 (selling), the Saudi Riyal at Rs. 37.56 (buying) and Rs. 37.72 (selling), and the Qatari Riyal at Rs. 38.56 (buying) and Rs. 38.72 (selling). The Thai Baht is Rs. 4.39 (buying) and Rs. 4.41 (selling), the UAE Dirham at Rs. 38.37 (buying) and Rs. 38.54 (selling), and the Malaysian Ringgit at Rs. 33.36 (buying) and Rs. 33.50 (selling). Additionally, 100 South Korean Won is Rs. 10.17 (buying) and Rs. 10.21 (selling), the Swedish Krona at Rs. 15.00 (buying) and Rs. 15.06 (selling), and the Danish Krone at Rs. 22.12 (buying) and Rs. 22.21 (selling).


Middle Eastern currencies are trading as follows: the Hong Kong dollar at Rs. 18.08 (buying) and Rs. 18.15 (selling), the Kuwaiti Dinar at Rs. 461.31 (buying) and Rs. 463.27 (selling), the Bahraini Dinar at Rs. 373.81 (buying) and Rs. 375.41 (selling), and the Omani Riyal at Rs. 366.06 (buying) and Rs. 367.62 (selling). The Indian rupee (per 100) is valued at Rs. 160.00 (buying) and Rs. 160.15 (selling).


The NRB noted that these rates can be revised at any time if necessary. Commercial bank rates may differ, and updated exchange rates are available on the NRB’s official website.

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