Foreign exchange rate movement up to July 09, 2021 Source: Nepal Rastra Bank
Foreign exchange rate movement up to July 09, 2021. Source: Nepal Rastra Bank

The rupee depreciated marginally against all major currencies except 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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