Graph showing foreign exchange rate movement up to May 17, 2019. Source: Nepal Rastra Bank
Table showing foreign exchange rate movement up to May 17, 2019. Source: Nepal Rastra Bank

The rupee depreciated against all currencies except Pound Sterling and Chinese Yuan this week. Chinese Yuan continued to depreciate since 3 weeks. Euro and Pound Sterling rates are lower than previous year’s rate. Although US Dollar rate is higher than corresponding week of previous year, it is yet to reach previous year’s high.

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.