Under the present system the open market exchange rates quoted by different banks may differ.
NRB, the central bank of Nepal, established in 1956 under the Nepal Rastra Bank Act 1955 is the monetary, regulatory and supervisory authority of banks and financial institutions. The new Nepal Rastra Bank Act 2002 which replaces the erstwhile Act has ensured operational autonomy and independence to the Bank.
Key objectives of the Bank are to achieve price and balance of payments stability, manage liquidity and ensure financial stability, develop a sound payments system, and promote financial services.
The Board of Directors, chaired by the Governor, is the apex body of policy making and the Governor also discharges his duty as the chief executive of the Bank.
| Exchange Rate for 09 October 2018 |
|
| Exchange Rates Fixed by Nepal Rastra Bank |
| Currency |
Unit |
Buying/Rs. |
Selling/Rs. |
|
Indian Rupee
|
100
|
160.00
|
160.15
|
|
Open Market Exchange Rates
(For the purpose of Nepal Rastra Bank) |
| Currency |
Unit |
Buying/Rs. |
Selling/Rs. |
| U.S. Dollar |
1
|
118.20
|
118.80
|
| European Euro |
1
|
135.67
|
136.36
|
| UK Pound Sterling |
1
|
154.10
|
154.88
|
| Swiss Franc |
1
|
119.03
|
119.64
|
| Australian Dollar |
1
|
83.51
|
83.93
|
| Canadian Dollar |
1
|
90.92
|
91.38
|
| Singapore Dollar |
1
|
85.35
|
85.78
|
| Japanese Yen |
10
|
10.43
|
10.48
|
| Chinese Yuan |
1
|
17.07
|
17.16
|
| Saudi Arabian Riyal |
1
|
31.52
|
31.68
|
| Qatari Riyal |
1
|
32.46
|
32.63
|
| Thai Baht |
1
|
3.59
|
3.60
|
| UAE Dirham |
1
|
32.18
|
32.34
|
| Malaysian Ringgit |
1
|
28.45
|
28.60
|
| South Korean Won |
100
|
10.40
|
10.45
|
| Swedish Kroner |
1
|
12.99
|
13.06
|
| Danish Kroner |
1
|
18.19
|
18.28
|
| Hong Kong Dollar |
1
|
15.10
|
15.17
|
| Kuwaity Dinar |
1
|
389.15
|
391.12
|
| Bahrain Dinar |
1
|
313.50
|
315.09
|
|
