On Sunday, the Nepal Rastra Bank announced the foreign exchange rates for the day. According to the rates set by the central bank, the buying rate for one US dollar stands at NPR 136.94 and the selling rate at NPR 137. The fluctuation in exchange rates can have various implications on the country’s economy, affecting imports, exports, and overall financial stability. It is important for businesses and individuals involved in international trade to stay updated on these rates to make informed decisions regarding their foreign currency transactions. The exchange rate determined by the central bank reflects the current value of the Nepali currency against major foreign currencies like the US dollar, influencing the cost of goods and services in the domestic market. Keeping track of these rates can help businesses and investors navigate the dynamic landscape of international trade and finance effectively.
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Author: MAYA | HARUTO
Posted at: January 5, 2025 8:02 am
