Shared crisis: Pros and cons of Nepali currency being pegged to India’s explained
The value of the Nepali currency with the other is determined by how the Indian rupee is doing.
The post Shared crisis: Pros and cons of Nepali currency being pegged to India’s explained appeared first on OnlineKhabar English News.
An Indian national has been arrested with a hefty sum of counterfeit Nepali currency during traffic checking along the East-West Highway at Inaruwa Municipality-4, Sunsari district.
KATHMANDU: The police detained Sarita Tamang, 40, from Ramche Dimpokhari, on Thursday night for allegedly possessing counterfeit Nepali currency notes. The arrest, conducted at Hanuman Chok in Gokarneshwar Municipality-4, led to the seizure of 24 counterfeit Rs 1000 bills. Ongoing investigations aim to uncover more details about the incident, the police said.
The Nepali rupee plunged to an all-time low against the US dollar on Tuesday. Nepal Rastra Bank (NRB) fixed the selling exchange rate of one US dollar at Rs. 133.54 for Tuesday while the buying rate of a dollar was fixed at Rs. 132.94. The exchange rate of the US dollar against the Nepali currency had been steadily rising for the past few wee
In the international valuation, the Nepali rupee, the currency of Nepal, has hit a record low yet again. For the past few months, the value of the Nepali currency is steadily on the decline.
The post Nepali rupee continues to get weaker as it hits a new record low appeared first on OnlineKhabar English News.
KATHMANDU: Police have arrested two individuals with fake Nepali currency notes from Sunsari Dewanganj rural municipality-2 Madhya Harshahi Petrol Pump.
KANCHANPUR, Jan 12: A team of Far-Western Regional Investigation Bureau of Police on Thursday arrested two Indian nationals while they were producing fake Nepali currency at the no-man's land at Belauri Municipality-6.
