US Dollar rate scales new height
The Nepali rupee plunged to a fresh low on Friday, with the Nepal Rastra Bank (NRB)—the country’s central bank, fixing the exchange rate at Rs118.33 per US dollar for Saturday. The Nepali rupee’s freefall is an effect of the steady depreciation of the Indian rupee with which it is pegged. During the last three and a half months, the Nepali…
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