US Dollar against Nepali Rupee reaches all time high; NPR stands at Rs.122.50 against USD

Thu, Apr 9, 2020 3:50 PM on External Media, Latest, Others,

The US Dollar has stood at an all time high as of today against the Nepali Rupee. As of today, the value of USD to NPR jumped by Rs.1.19 to stand at Rs.122.50. As per the forex rates, buy value of USD stands at Rs.121.90.

It comes after the corona virus outbreak has taken its toll on the securities market around the globe. This has boosted the investors’ belief in US Dollar as a safer investment leading to increased demand of the currency.