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ECONOMY

Pound, Singapore Dollar and Australian Dollar strengthen

KATHMANDU, Aug 10: The exchange rates of the US dollar and the Euro have slightly decreased, while the pound sterling has strengthened. The Swiss Franc and Japanese Yen have weakened, whereas the Australian Dollar, Canadian Dollar, Singapore Dollar, Saudi Riyal, and Qatari Riyal have gained value.
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By Republica

KATHMANDU, Aug 10: The exchange rates of the US dollar and the Euro have slightly decreased, while the pound sterling has strengthened. The Swiss Franc and Japanese Yen have weakened, whereas the Australian Dollar, Canadian Dollar, Singapore Dollar, Saudi Riyal, and Qatari Riyal have gained value.



According to Nepal Rastra Bank, the buying rate for 1 US dollar was Rs 134.05 and the selling rate was Rs 134.65 on Friday. On Saturday, the rates adjusted slightly to Rs 134.04 for buying and Rs 134.64 for selling. The Euro also saw a decrease, with the rates moving from 146.48 and 147.14 to 146.34 and 146.99.


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The pound sterling's rates changed from 170.17 and 170.93 to 170.84 and 171.61 for Saturday. The Swiss Franc decreased to 155.02 and 155.72, down from 156.45 and 157.15.


The Australian Dollar rose to 88.11 and 88.51, up from 87.85 and 88.24. Similarly, the Singapore Dollar increased to 101.23 and 101.68, from 101.22 and 101.67.

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