NPR Market Update
01 Jul 2026 • 00:41 GMT
The Nepalese Rupee (NPR) remains relatively stable against the US dollar (USD), trading near its 3-month average of 0.00662. Currently, the NPR/USD rate is at 0.00662, within a narrow 4.9% range from 0.00645 to 0.00677, indicating steady trading activity.
Meanwhile, the USD continues to show strength, reaching its highest levels this year due to expectations of a possible interest rate hike by the Federal Reserve soon. Despite this, the NPR has not seen significant movement against the dollar, remaining within its recent stable range.
Additionally, the NPR has slightly strengthened against the euro (EUR) and the British pound (GBP), trading at 0.00580 and 0.00500 respectively, both above their three-month averages. The rupee has also touched 60-day highs against the Japanese yen (JPY), trading near 1.077, which is about 2.1% above its average.
Nepal's economic environment continues to face uncertainties due to political protests and changes, as well as recent currency policy adjustments such as the lifting of the ban on high-denomination Indian notes. These factors could influence future currency stability, so traders should monitor upcoming economic and political developments closely.