According to Nepal Rastra Bank, the selling rate of one American dollar reached 129 rupees and 89 paise on Sunday. This is the highest ever.
With the increase in the demand for US dollars in the world market, the price has gone up. The impact of the increase in the value of the dollar has also affected the Indian rupee along with Nepal. The Nepali currency has a fixed exchange rate with the Indian rupee. Rashtra Bank will have to pay 129 rupees 29 paisa for buying one US dollar and 129 rupees 89 paisa for selling it.
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