WorldPosted at: Jun 22 2024 7:32PM


Nepali rupee hits an all-time low against dollar

Kathmandu, June 22 (UNI) The Nepali rupee on Friday recorded an all-time low, with Nepal’s central bank fixing the exchange rate at Rs134.15 per US dollar, media reports said.
The Nepali currency was weakened by 31 paisa against the dollar in a single day. The rupee’s fall is attributed to a steady depreciation of the Indian rupee, to which it is pegged, according to The Kathmandu Post.
Experts say Nepal, an import-driven economy, may see a sharp rise in inflation due to the dollar's strength, as almost all goods and services are quoted in dollar terms.
Please log in to get detailed story.
Tags: #Nepali rupee hits an all-time low against dollar
More News
5 7-magnitude earthquake hits Afghanistan

5 7-magnitude earthquake hits Afghanistan

19 Apr 2025 | 2:27 PM

Kabul, Apr 19 (UNI) A 5.7-magnitude earthquake hit northern Afghanistan's Badakhshan province on Saturday, the U.S. Geological Survey reported.

see more..
Quake measuring 5 9 jolts Islamabad, Lahore, KP

Quake measuring 5 9 jolts Islamabad, Lahore, KP

19 Apr 2025 | 1:56 PM

Islamabad, Apr 19 (UNI) An earthquake measuring 5.9 jolted parts of Pakistan on Saturday morning, causing panic across major cities including Islamabad, Lahore, Peshawar, Rawalpindi, and several areas in Khyber Pakhtunkhwa and Punjab, media reports said.

see more..
US, Iran to begin 2nd round of nuclear talks on Saturday

US, Iran to begin 2nd round of nuclear talks on Saturday

19 Apr 2025 | 11:41 AM

Tehran, Apr 19 (UNI) The second round of indirect talks between Iran and the United States on Tehran's nuclear program will begin in the Italian capital of Rome on Saturday.

see more..
UK aims to expand military activity in Arctic: Reports

UK aims to expand military activity in Arctic: Reports

19 Apr 2025 | 11:12 AM

London, Apr 19 (UNI) In a report, which is yet to be published, the British government will call for an expansion of the country's military activity in the Arctic, the Financial Times reported.

see more..
Russia, China to discuss Iran deal guarantees with United States: Iranian Lawmaker

Russia, China to discuss Iran deal guarantees with United States: Iranian Lawmaker

19 Apr 2025 | 11:03 AM

Tehran, Apr 19 (UNI) The United States will not be the only one providing guarantees for a potential Tehran-Washington agreement on the Iranian nuclear program and lifting sanctions on the Islamic Republic, Russia and China will discuss with the US the issue of "more reliable guarantees" for Tehran, Alaeddin Boroujerdi, a member of the Iranian parliamentary committee on national security and foreign policy, said.

see more..