Foreign exchange rate movement up to Feb 05, 2021 Source: Nepal Rastra Bank
Foreign exchange rate movement up to Feb 05, 2021. Source: Nepal Rastra Bank

The rupee appreciated against against all major foreign currencies whilst it remained stagnant against Chinese Yuan 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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