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

The rupee depreciated marginally against against US Dollar and Yuan whilst it appreciated marginally against other major currencies 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.

1 Comment »

Leave a Reply

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