Nepal Rastra Bank, the central bank, has set the foreign exchange rates for Thursday, October 22, 2026. According to the bank, the buying rate for one US dollar is Rs 150.84, and the selling rate is Rs 151.44.
For the European Euro, the buying rate has been set at Rs 169.23 and the selling rate at Rs 169.90. The central bank’s daily publication of foreign exchange rates guides the rates implemented by banks and financial institutions across the country.
Major Currency Exchange Rates
The buying rate for one UK Pound Sterling is Rs 202.04, with a selling rate of Rs 202.85. One Australian dollar is set at a buying rate of Rs 105.97 and a selling rate of Rs 106.39. The Canadian dollar’s buying rate is Rs 107.33, and its selling rate is Rs 107.76.
For every 10 Japanese Yen, the buying rate is Rs 9.54, and the selling rate is Rs 9.58. Among major Middle Eastern currencies, one Saudi Arabian Riyal has a buying rate of Rs 40.21 and a selling rate of Rs 40.37. One Qatari Riyal is set at a buying rate of Rs 41.38 and a selling rate of Rs 41.55, while one UAE Dirham has a buying rate of Rs 41.07 and a selling rate of Rs 41.24.
Other rates include one Malaysian Ringgit at a buying rate of Rs 36.96 and a selling rate of Rs 37.11. One hundred South Korean Won are set at a buying rate of Rs 11.39 and a selling rate of Rs 11.44. The buying rate for one Kuwaiti Dinar is Rs 489.74, with a selling rate of Rs 491.69. One Bahraini Dinar has a buying rate of Rs 399.73 and a selling rate of Rs 401.33. The exchange rate between the Indian Rupee and Nepali Rupee generally remains stable, with Rs 100 Indian Rupees buying at Rs 160.00 and selling at Rs 160.15.
Impact on Madhesh Province
Fluctuations in foreign exchange rates can directly affect the economy of Madhesh Province, particularly in the areas of import-export, remittances, and investment. Nepal Rastra Bank has established provincial offices in Madhesh Province and all other provinces to regularly publish economic activity study reports. The central bank, established on April 26, 1956 (Baisakh 14, 2013 BS) under the Nepal Rastra Bank Act, 2012, serves as the backbone of the country’s economic policies. Its functions include maintaining price stability, controlling inflation, ensuring the reliability of banks and financial institutions, and safeguarding foreign exchange reserves. For more information on foreign exchange reserves, see our earlier coverage: Foreign exchange reserve crosses Rs 4 trillion, sufficient to cover 17.8 months of imports.
