Foreign exchange rate movement up to Apr 02, 2021 Source: Nepal Rastra Bank
Foreign exchange rate movement up to Apr 02, 2021. Source: Nepal Rastra Bank

The rupee depreciated against major currencies except Yen compared to previous week.

Nepalese Rupees (NPR) is pegged with Indian Rupees (INR) at fixed rate of 1.6 (1 INR = 1.6 NPR). Therefore, any movement of INR against other currencies changes NPR in the same direction.

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