Money

Nepali rupee plunges to a new low

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. Nepali rupee plunges to a new low
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Published at : October 6, 2018
Updated at : October 6, 2018 08:40

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