NPR Market Update
14 Jul 2026 • 00:48 GMT
The Nepalese Rupee remains near its 30-day lows against the US dollar, trading around 0.006535. This level is only slightly below its three-month average of 0.006587, reflecting a relatively stable range over the past month. Recent factors influencing the NPR include Nepal's growing foreign exchange reserves, which have surpassed NPR 3.2 trillion, mostly driven by remittance inflows. However, political protests and the lifting of restrictions on Indian high-denomination notes have added some economic unpredictability.
Meanwhile, the rupee is slightly stronger against the euro, trading near 0.005741, just above its 3-month average, and has also held steady against the British pound at approximately 0.004896. The currency's performance against the Japanese yen and Australian dollar is similarly stable, with minor fluctuations within recent ranges. Notably, the NPR has strengthened modestly against the Swiss franc and Indian rupee, reaching recent highs.
Overall, while the NPR remains stable in the immediate term, external factors like Nepal's political situation and economic data releases could influence its trajectory in the coming weeks.