Euro slightly gains against US dollar

October 28, 2022 18:05 pm

KATHMANDU, Oct 28: Euro has slightly appreciated against the US dollar. Lately, the value of the US dollar has been on a continuous rise.

KATHMANDU, OCT 20: Nepali rupee fell further lower against the US dollar with Nepal Rastra Bank (NRB) fixing the exchange rate at Rs 133.14 per US dollar for Thursday.

US dollar becomes further stronger

October 9, 2022 16:00 pm

KATHMANDU, Oct 9: The value of the US dollar is gradually skyrocketing thus making the Nepali currency weaker.

US dollar soars to all-time high

September 29, 2022 10:55 am

KATHMANDU, Sept 29: The US dollar is at an all-time high. The value of the US dollar (exchange rate) compared to the Nepali currency has been continuously increasing and has started making new records every day.

KATHMANDU, Sept 27: The value of the US dollar has hit an all-time high in Nepal.

KATHMANDU, June 9: The Nepali currency on Thursday plunged to a record low against the US dollar with Nepal Rastra Bank (NRB) fixing the exchange rate at Rs 124.68 per dollar.

KATHMANDU, May 10: The Nepali currency slid to an all-time low against the US dollar with Nepal Rastra Bank (NRB) fixing the price of American currency at Rs 123.65 per dollar on Tuesday.

KATHMANDU, March 8: The Nepali currency on Tuesday plunged to a record low against the US dollar with Nepal Rastra Bank (NRB) fixing the exchange rate at Rs 123.44 per dollar.

KATHMANDU, Dec 7: The Nepali Rupee weakened to a two-month low value against the US dollar, with Nepal Rastra Bank (NRB) fixing the exchange rate at Rs 120.98 per dollar on Tuesday.

KATHMANDU, Sept 2: Nepal bought Indian rupees (INR) equivalent to Rs 535.23 billion by selling US dollars to finance the imports from the southern neighbor in the last fiscal year.

KATHMANDU, May 20: Nepal bought Indian currency (IC) equivalent to Rs 404.70 billion by selling US dollars to finance the imports from the southern neighbor during the first nine months of the current fiscal year, which was 16 percent more than the amount during the same period of the last fiscal year.

KATHMANDU, Feb 16: Nepal bought Indian rupees worth Rs 241.31 billion by selling US dollars to finance the imports from the southern neighbour during the first six months of the fiscal year compared to that of Rs 229.55 billion in the same period in the last fiscal year.

BEIJING, Aug 5: China’s central bank allowed its yuan to fall below the politically sensitive level of seven to the U.S. dollar on Monday, possibly adding to trade tension with Washington.

KATHMANDU, April 17: Balance of Payments (BoP) deficit widened in the eighth month of the current fiscal year, indicating the worsening external sector position of the country.

KATHMANDU, Nov 7: Nepal Rastra Bank (NRB) has reduced the maximum amount of foreign currency that a Nepali national can buy while going abroad.

Rupee rout continues

October 10, 2018 09:54 am

KATHMANDU, Oct 10: The value of Rupee plunged further to a new low of Rs 119.33 against US dollar, according to the reference rate set by the Nepal Rastra Bank for Wednesday.

MOSCOW, Sept 13: There is a global trend among countries reducing the share of the dollar in international settlements, Russian President Vladimir Putin said at the Eastern Economic Forum in Vladivostok.

KATHMANDU, Sept 9: The value of Nepali currency against the US dollar is on a freefall for the last few weeks. Though the Nepali rupee recovered marginally to Rs 115.08 against a US dollar from the earlier day’s record low of Rs 115.48, the volatility of the currency is likely to put a pressure on the external sector stability of the country.