Stories Tagged 'Nepali rupee'
The Nepali rupee recorded an all-time low on Monday, with the Nepal Rastra Bank (NRB) fixing the exchange rate at Rs114.24 per US dollar for Tuesday.
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Nepali rupee has been taking a beating for the last two weeks, as the Indian rupee has come under pressure after Donald Trump won the US presidential election, triggering US dollar’s biggest rally “in eight years”.
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Festive shoppers will have to open their wallets wider for their purchases this season as imports are set to become dearer with the Nepali rupee falling against the US dollar.
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