KATHMANDU, Dec 20: Nepal Rastra Bank (NRB) set the exchange rates for foreign currencies for Friday. The US Dollar, Saudi Arabian Riyal, Qatari Riyal, UAE dirham, Hong Kong dollar, and Kuwaiti dinar rose in value, while the value of European euro, UK pound sterling, Canadian dollar, Singapore dollar, Japanese yen, Thai baht, Malaysian ringgit, South Korean won, and Swedish króna dropped.
NRB set the buying rate for one US dollar at Rs 135.82 and the selling rate at Rs 136.42. Similarly, it fixed the buying rate for one European Euro at Rs 141.39 and the selling rate at Rs 142.01. The bank adjusted the buying rate for one UK Pound Sterling at Rs 171.65 and the selling rate at Rs 172.41. For one Swiss Franc, it set the buying rate at Rs 151.59 and the selling rate at Rs 152.26.
The buying rate for one Australian dollar has been fixed at Rs 84.88 and the selling rate at Rs 85.26. The buying rate for one Canadian dollar is Rs 94.40 and the selling rate at Rs 94.82. The bank determined the buying rate for one Singapore dollar at Rs 100.01 and the selling rate at Rs 100.45.
Pound, Singapore Dollar and Australian Dollar strengthen
Meanwhile, NRB set the buying rate for 10 Japanese yen at Rs 8.65 and the selling rate at Rs 8.69. It set the buying rate for one Chinese yuan at Rs 18.61 and the selling rate at Rs 18.70. The bank determined the buying rate for one Saudi Arabian riyal at Rs 36.15 and the selling rate at Rs 36.31. It also set the buying rate for one Qatari riyal at Rs 37.26 and the selling rate at Rs 37.43.
The central bank set the buying rate for one Thai Baht at Rs 3.94 and the selling rate at Rs 3.95. It set the buying rate for one UAE dirham at Rs 36.98 and the selling rate at Rs 37.14. The bank determined the buying rate for one Malaysian ringgit at Rs 30.15 and the selling rate at Rs 30.28. It also set the buying rate for one South Korean Won at Rs 9.38 and the selling rate at Rs 9.42. The bank fixed the buying rate for one Swedish króna at Rs 12.33 and the selling rate at Rs 12.38. Additionally, it set the buying rate for one Danish Krone at Rs 18.95 and the selling rate at Rs 19.03.
The central bank set the buying rate for one Hong Kong dollar at Rs 17.48 and the selling rate at Rs 17.56. It set the buying rate for one Kuwaiti dinar at Rs 440.97 and the selling rate at Rs 442.92. The bank determined the buying rate for one Bahraini dinar at Rs 360.07 and the selling rate at Rs 361.66. It also set the buying rate for one Omani Rial at Rs 353.78 and the selling rate at Rs 354.34. Similarly, the bank fixed the buying rate for one Indian Rupee at Rs 160.00 and the selling rate at Rs 160.15.
The NRB has stated that it can revise this exchange rate at any time as needed. It also mentioned that the exchange rate set by commercial banks may differ.
