Skip to content
|Loading...
Share Gyan home
EBook

Nepal Rastra Bank Announces Foreign Exchange Rates for Sunday

Nepal Rastra Bank has released the foreign currency exchange rates for Sunday, establishing the buying rate of the US Dollar at Rs 151.62 and the selling rate at Rs 152.22. Under the new reference sheet, the European Euro sits at a selling price of Rs 177.17, while the UK Pound Sterling is valued at Rs 205.06 for sales

Published Updated By Share Gyan
Nepal Rastra Bank Announces Foreign Exchange Rates for Sunday

Nepal Rastra Bank, has finalized its baseline foreign currency reference matrix for Sunday’s commercial trading window. In this latest economic statement, primary global currencies display a settled structure, with the buying profile for the Australian Dollar (AUD) positioned at Rs 108.29, the Canadian Dollar (CAD) at Rs 109.25, and the Singapore Dollar (SGD) at Rs 118.15. For regional trade and remittances, the Chinese Yuan (CNY) has been issued a purchase valuation of Rs 22.41, while the Saudi Arabian Riyal (SAR) and UAE Dirham (AED) maintain selling values of Rs 40.54 and Rs 41.45 respectively. NRB officials reiterated that these indicators serve as structural guidelines for local financial markets. Individual commercial banking outfits possess the operational independence to configure their exact counters within standard regulatory margins based on shifting intraday liquidity constraints.

Related News

Nepal Rastra Bank Publishes Thursday's Foreign Exchange Rates; US Dollar at Rs. 149.61

Nepal Rastra Bank (NRB) has published the official foreign exchange rates for Thursday. The buying rate of one US dollar has been fixed at Rs. 149.61 and the selling rate at Rs. 150.21. The British Pound Sterling has recorded the highest value among the major currencies listed, with a selling rate of Rs. 200.16.

Gold Price Plunges by Rs. 5,900 Per Tola on Dhanteras; Silver Also Declines

Gold and silver prices recorded a sharp decline in the Nepali market on Friday, Kartik 20, coinciding with Dhanteras. Gold fell by Rs. 5,900 per tola to Rs. 283,000, while silver dropped by Rs. 110 per tola.

Nepal's VAT Collection Exceeds Target as Consumer Reward Scheme Boosts Tax Compliance

Nepal's VAT collection exceeded its first-quarter target in FY 2083/84, reaching Rs. 41.04 billion, up 10% compared to the same period last year. The increase comes after the Inland Revenue Department introduced a consumer reward scheme encouraging people to demand bills when making purchases.

Nepal Estimates $5 Billion Needed for Reconstruction After Bhotekoshi-Trishuli Disasters

Finance Minister Dr. Swarnim Wagle has estimated that Nepal will require approximately $4.7 billion to $5 billion for reconstruction following the disasters in the Bhotekoshi and Trishuli regions. The government is preparing a phased financing plan, including financial support from India, China, the World Bank and the Asian Development Bank (ADB).

Maya Khola Hydropower's Net Profit Surges 124.52% to Rs 6.38 Crore in Q1

Maya Khola Hydropower Company Limited (MKHC) has reported a 124.52 percent increase in net profit, earning Rs 6.38 crore in the first quarter of FY 2083/84, compared to Rs 2.84 crore in the same period last year. Higher electricity sales revenue and lower interest expenses supported the company's improved profitability.

Khani Khola Hydropower Turns Profitable, Reports Rs 3.65 Crore Net Profit in Q1

Khani Khola Hydropower Company Limited (KKHC) has made a remarkable financial turnaround, reporting a net profit of Rs 3.65 crore in the first quarter of FY 2083/84, compared to a net loss of Rs 1.89 crore in the same period last year.