Nepalese Rupee

The Nepalese Rupee increased to 96.95 in April from 95.86 in March of 2014. Nepalese Rupee averaged 81.49 from 2009 until 2014, reaching an all time high of 109.20 in September of 2013 and a record low of 69.16 in October of 2010. The USDNPR spot exchange rate specifies how much one currency is currently worth in terms of the other. While the USDNPR spot exchange rate is quoted and exchanged in the same day, the USDNPR forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Nepalese Rupee - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
96.95 95.86 109.20 69.16 97.38 | 2014/05 2009 - 2014 Daily

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Nepalese Rupee
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Markets Last Previous Highest Lowest Forecast Unit
Currency 96.95 2014-04-21 95.86 109.20 69.16 97.38 2014-05-31 [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Nepal Inflation Rate at 9.72 Percent  
The inflation rate in Nepal was recorded at 9.72 percent in January of 2014. Inflation Rate in Nepal is reported by the Nepal Rastra Bank.
Nepal Interest Rate at 8.00 Percent  
The benchmark interest rate in Nepal was last recorded at 8 percent. Interest Rate in Nepal is reported by the Nepal Rastra Bank.
Nepal Sales Tax Rate | VAT at 13.00 Percent  
The Sales Tax Rate in Nepal stands at 13 percent. Sales Tax Rate in Nepal is reported by the Inland Revenue Department.
Nepal Current Account at 937.80 USD Million  
Nepal recorded a Current Account surplus of 937.80 USD Million in 2012. Current Account in Nepal is reported by the Nepal Rastra Bank.
Nepal Balance of Trade at -41668.30 Million NPR  
Nepal recorded a trade deficit of 41668.30 Million NPR in September of 2013. Balance of Trade in Nepal is reported by the Nepal Rastra Bank.
Nepal Government Debt To GDP at 31.60 Percent  
Nepal recorded a Government Debt to GDP of 31.6 percent of the countrys Gross Domestic Product in the fiscal year 2012-13. Government Debt To GDP in Nepal is reported by the Nepal Rastra Bank.
Nepal Current Account to GDP at 3.40 Percent  
Nepal recorded a Current Account surplus of 3.4 percent of the countrys Gross Domestic Product in the fiscal year 2012-13. Current Account to GDP in Nepal is reported by the Nepal Rastra Bank.
Nepal Government Budget at -1.90 Percent of GDP  
Nepal recorded a Government Budget deficit equal to 1.90 percent of the country's Gross Domestic Product in 2012/13 fiscal year. Government Budget in Nepal is reported by the Nepal Rastra Bank.
Nepal Exports at 7908.70 Million NPR  
Exports in Nepal increased to 7908.70 Million NPR in September of 2013 from 7569.40 Million NPR in August of 2013. Exports in Nepal is reported by the Nepal Rastra Bank.
Nepal Imports at 49577.00 Million NPR  
Imports in Nepal decreased to 49577 Million NPR in September of 2013 from 52659.40 Million NPR in August of 2013. Imports in Nepal is reported by the Nepal Rastra Bank.
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LATEST NEWS

Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.
Japanese Trade Deficit Widens in March  
Japan’s trade gap increased to a wider-than-expected ¥ 1446.3 billion in March of 2014, up from a revised ¥ 802.5 billion deficit in the previous month and a ¥ 356.9 billion gap a year earlier, as energy imports continued to rise.
Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
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