First Business News Portal in English from Nepal
KATHMANDU: The value of the United States Dollar (USD) has made a new contemporary record in Nepal with one USD trading for Nepali Rs 126.05 on Thursday.
The Central Bank, Nepal Rastra Bank (NRB), fixed the buying rate for one USD at Rs 126.05 and the selling rate at Rs 126.65 today.
Likewise, the value of USD to Nepali rupees was 125.74 (Buy) and 126.34 (Sell) on Wednesday.
The USD has been gaining strength against Nepali rupees of late as the latter continues to fall.
The strengthening of USD is attributed to the prolonging confrontation between Russia and Ukraine.
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